In advance of the start of the G20summit, Chinese President Xi Jinping presented documents formally entering China into the Paris climate agreement and U.S. President Barack Obama did the same on his country’s behalf after Air Force One touched down.
“Just as I believe the Paris agreement will ultimately prove to be a turning point for our planet, I believe that history will judge today’s efforts as pivotal”, he said, speaking alongside Chinese president, Xi Jinping and United Nations secretary general Ban Ki-moon.
At the global forum of nation leaders in Hangzhou, China and the USA ratified the Paris Agreement for both countries.
“This is not a fight any one country, no matter how powerful, can take alone”. He said the Paris Agreement may be remembered as “the moment we finally made a decision to save our planet”. By moving so quickly to join the agreement, President Obama and President Xi Jinping are signaling to other countries that the Paris Agreement can come into force this year. But it doesn’t take effect until at least 55 countries – responsible for at least 55 percent of global warming emissions – formally ratify the deal.
China’s legislature on Saturday ratified the Paris Agreement on climate change, officials confirmed.
China is responsible for nearly a quarter of the world s emissions, with the U.S. in second place on around 15 percent, so their participation is crucial.
Obama initially planned to use major new regulations on coal-fired power plants to make up the US contribution to the deal, but courts have put those regulations indefinitely on hold.
China has gone to great lengths to try to make the Sept 4-5 G20 summit a success, hoping to cement its standing as a global power, but a range of thorny diplomatic topics could overshadow the agenda. The addition of the USA and China boosts that to roughly 40 percent ― about three-fourths of the required total, according to the White House. He has pushed hard for the world to recognize the need to cut greenhouse gas emissions and protect the planet.
Earlier today, China’s parliament ratified the agreement, with President Xi saying his country was “solemnly” committed to the deal.
The Paris pact calls for capping global warming at well below two degrees Celsius, and 1.5 degrees Celsius if possible, compared with pre-industrial levels.
The country is the world’s largest emitter of harmful Carbon dioxide emissions, which cause climate change.
With the formal entry of Washington and Beijing into the deal, the agreement now has been joined by 25 nations representing slightly more than 40 percent of total emissions.
China and the U.S. together are responsible for around 40 per cent of the world’s emissions so their ratification of the global legal document is viewed crucial.
Republicans in Congress have said the agreement is a treaty that requires Senate ratification, something that would not happen.
At the meeting, Park, along with world leaders, will discuss “inclusive and innovative” ways to stimulate economic growth, and joint efforts to address volatility in the global financial market and shore up global trade, her office Cheong Wa Dae said.