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Record number of nations to sign Paris climate deal

Several countries are expected to sign a historic climate deal at a ceremony on April 22

Policy Pulse
Publish Date: Apr 8 2016 2:22PM | Updated Date: Apr 8 2016 2:24PM

Record number of nations to sign Paris climate deal

 Several countries are expected to sign a historic climate deal at a ceremony on April 22, the deputy UN spokesman said.

 
More than 130 nations have confirmed they will sign the Paris Agreement on April 22, the first day that the accord adopted in December in Paris will be open for signature, Farhan Haq said at a daily news briefing in United Nations on Thursday.
 
"This is expected to surpass the previous record of 119 signatures for an opening day signing for an international agreement, set by the Law of the Sea in Montego Bay (in Jamaica) in 1994," he said.
 
As many as 60 heads of state and government will attend  signing ceremony to be hosted at UN Headquarters in New York by UN Secretary-General Ban Ki-moon, demonstrating the continued high level of engagement by world leaders to accept and implement the Paris Agreement, he said.
 
"The signing ceremony will mark the first step toward ensuring that the Paris Agreement enters into force as early as possible," Haq said.
 
Adopted by the 196 parties of the United Nations Framework Convention on Climate Change, the Paris Agreement sets a target of holding the global average rise in temperature below two degrees Celsius above pre-industrial levels, and preferably below 1.5 degrees.
 
On basis of general but differentiated responsibilities and respective capabilities, developed countries agreed to raise $100 billion a year by 2020 to help developing countries transform their economies.
 
Imports in March 2016 at 0.994 mt increased by 18.2 percent compared to March 2015 and by 9.1 percent compared to February 2016. India was a net importer of total finished steel in 2015-16, the report said.
 
Production for sale of total finished steel at 91.12 million tonnes registered a dip of 1.1 percent in 2015-16 compared to the previous year. India's consumption of finished steel at 80.27 million tonnes saw a growth of 4.3 percent in 2015-16 compared to the previous year.