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A historic moment: Cement Leaders celebrate the Paris Agreement entering into force
November 4, 2016
A historic moment: Cement Leaders celebrate the Paris Agreement entering into force
Members of the Cement Sustainability Initiative (CSI) welcome the Paris Agreement entering into force as a key milestone in establishing a stable regulatory framework to enable the business community to scale up the implementation of low-carbon solutions for climate change mitigation and adaptation.
Geneva, 4 November 2016: Today, the Paris Agreement adopted on 12 December 2015, will enter into force, thirty days after the date (5 October) on which at least 55 Parties to the Convention (UNFCCC) accounting in total for at least an estimated 55% of the total global greenhouse gas emissions have deposited their instruments of ratification, acceptance, approval or accession.
This represents a historic moment. For the first time in UN history, a worldwide ambitious, legally-binding treaty has been ratified by enough Parties to enter into force in less than one year after its official adoption. This demonstrates a clear change in the Parties’ commitment, consistent with the level of urgency for all stakeholders to fight against climate change and its impacts.
The CSI and its members welcome this achievement and congratulate the Parties and all the stakeholders that have contributed to the development, agreement and ratification of the Paris Agreement. This long-term, permanent framework, set up by the agreement, has been expected by the private sector for years.
Read more at WBCSD News.
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