29 June 2015

G7 Leaders Agree On Action To Limit Global Warming To 2 Degrees

G7 Leaders Agree On Action To Limit Global Warming To 2 Degrees

Group of Seven (G7) leaders agreed to limit global warming to 2°C at a meeting in Germany on Monday 8th June 2015, a feat they hope to accomplish by reducing their carbon emissions, mobilizing $100 billion a year for climate change mitigation, and facilitating more investment in developing nations.
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The G7 declaration did call for “binding rules” that would “enhance transparency and accountability” as nations work toward achieving their carbon-reduction targets. But, experts say, violating those mechanisms – if ultimately included in any agreement in December – would not result in any sort of “enforcement sanctions,” explains Jennifer Morgan, global director of the climate program at the World Resources Institute.
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The final agreement offered “support” for 40 to 70 percent reductions by 2050, compared to 2010 levels.
Read the full story on Climate Progress and on U.S.News.

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