“China and the USA, the two largest developing and developed country economies and emitters, joining the Paris Agreement shows that the global community can come together to address the threat of climate change”, said Alvin Lin of the US-based Natural Resources Defense Council.
Lawmakers of the Standing Committee of China’s National People’s Congress voted to adopt “the proposal to review and ratify the Paris Agreement”, state-run Xinhua news agency reported.
President Xi will host the G20 leaders’ summit, starting in the eastern Chinese city of Hangzhou on Sunday afternoon.
“Now other countries must act swiftly to ratify the deal, and to reduce their emissions in line with the Paris Agreement’s long-term goals, according to science and equity, and therefore increasing their current pledges”.
The Paris pact calls for capping global warming at well below two degrees Celsius (3.6 degrees Fahrenheit), and 1.5 C (2.7 F) if possible, compared with pre-industrial levels. The agreement goes into force when joined by at least 55 nations that produce a total of 55 percent of global emissions.
The Paris Agreement, which is part of the UN’s 2015 Convention on Climate Change, is an arrangement to begin greenhouse gases emissions mitigation, adaptation and finance in the year 2020.
Despite the political differences, emerging economies – India and China – are trying to work out more closer cooperation to oppose protectionism from the developed countries, increasing globalisation and expansion of global trade through structural reforms to create more jobs for their massive populations.
Chinese President Xi Jinping said that climate change concerns the well-being and future of humanity.
Patricia Espinosa, executive secretary of the UN Framework Convention on Climate Change, thanked the USA and China for ratifying the pact she said held the key to a sustainable future for all.
As for its commitments to the climate deal, the USA pledged to cut its emissions 26 percent to 28 percent over the next 15 years, compared to 2005 levels.
The emerging partnership between the two biggest carbon emitters is a bright spot of Obama’s uneven eight-year project to reshape USA relations in Asia. Entrance by the USA and China will get the deal to about 40 percent of emissions.
Xi said he hoped the announcement would benefit everyone.
Ban accepted documents Saturday from President Barack Obama and Chinese President Xi Jinping that formally entered their countries into the pact.
U.S. President Barack Obama’s last scheduled trip to Asia before leaving office however got off to an awkward start.
The US and China are together responsible for some 40 percent of the world’s emissions, so their participation is crucial.
The United States and China have both formalized their ratification of the Paris Agreement, a key step by the world’s two biggest polluters that aims to help bring the climate change accord into force this year.
“We need to face this issue squarely and properly handle it in order to make economic globalization more inclusive”, the president said. And when it comes to combating climate change, that’s what we’re doing.
“On the heels of designating the world’s largest marine protected area, President Obama is quite clearly running through the finish line of his presidency and solidifying his conservation and climate legacy along the way”, he said in a statement.