Commitments made so far could lead to an increase in global temperatures of up to 2.7 degrees Celsius, but the agreement sets out a roadmap for accelerating progress. Jill Duggan, Director of The Prince of Wales` Corporate Leaders Group (CLG), said: “The UK government`s ratification of the agreement today sends an important signal to international allies, businesses and investors about the inevitable transition to a zero-carbon economy.” The goal of avoiding what scientists consider to be a dangerous and irreversible scale of climate change – which is achieved with warming of about 2oC during pre-industrial periods – is of paramount importance to the agreement. The desire for a more ambitious target was maintained in the agreement, with the promise of further limiting global temperatures to 1.5oC. The agreement recognizes the role of non-partisan stakeholders in the fight against climate change, including cities, other sub-national authorities, civil society, the private sector and others. While we are succeeding in this pioneering agreement, we look forward to continuing to play a leading role in the fight against climate change and to ensure that the UK economy continues to play a key role in this new low-carbon global economy. It will benefit the UK as we implement our industrial strategy to create the economy that works for everyone. LONDON, 14 August 2020 – The UK has been one of 195 countries that signed the 2015 Paris Climate Treaty, the global attempt to limit the climate crisis. More than that, it was one of the most energetic and enthusiastic supporters of the Paris Agreement, the official title of the treaty. The agreement requires rich nations to meet a funding commitment of $100 billion a year beyond 2020 and to use that figure as a “land” for the additional aid agreed until 2025.

The 2050 target was recommended by the government`s official advisor, the Climate Change Committee (CCC), last month. The CCC Council was approached following the 2015 Paris Agreement, which raised global ambitions with the aim of limiting warming to “well below” 2 degrees Celsius since the pre-industrial period and making efforts to stay below 1.5 degrees Celsius. The Paris Agreement is the first legally binding universal global agreement on climate change adopted at the Paris Climate Change Conference (COP21) in December 2015. For the first time in history, this agreement brings together all the nations of the world into one agreement to combat climate change. Nick Hurd, Minister of Industry and Climate, said at the UN climate change summit in Marrakech: “The UK is ratifying the historic Paris Agreement so that we can help accelerate global action against climate change and meet our commitments to create a safer and more prosperous future for all of us. Sir Crispin Tickell, the UK`s former ambassador to the United Nations, said: “Britain`s ratification of the historic Paris Agreement is an important moment, not least because our country has long been leading global efforts to deal with the effects of climate change.” It will also enable the contracting parties to gradually strengthen their contributions to the fight against climate change in order to achieve the long-term objectives of the agreement. To contribute to the goals of the agreement, countries presented comprehensive national climate change plans (national fixed contributions, NDC). These are not yet sufficient to meet the agreed temperature targets, but the agreement points to the way forward for further measures.