Representatives from 196 countries participating in the 24th World Climate Conference (COP24) in Katowice on Saturday adopted the final document, which is a roadmap that paves the way for the implementation of the Paris Agreement signed in 2015 (COP21).
This document gave the Paris agreement the tools that allow its implementation, but without committing to do more and faster against global warming.
The final document, released Saturday night, is a roadmap for the implementation of the Paris Agreement of 2015. This is the first global climate agreement that obliges all countries to act in favor of the climate. States have pledged to take measures to put an end to global warming at a level of 2 ° C and, if possible, 1.5 ° C, the ideal limit of the agreement.
The negotiations were difficult before the adoption of the final document, which required 14 days of work and debate. In addition to global warming, COP24 has addressed the issue of financing. Flexibility has thus been granted to developing countries. Financing climate policies is another concern for developing countries, including how the rising funds promised by the North will be organized from 2025 onwards.
Rich countries have so far pledged $ 100 billion a year in climate support by 2020, Germany has announced new contributions, including to the Green Fund in the amount of € 1.5 billion, while the World Bank has pledged $ 200 billion for the period 2021-2025.