Time: 1:37 p.m. CEST
The United States and China announced on Saturday long-awaited move for the common ratification of the Paris climate change agreement.
On the eve of the G-20 summit in Hangzhou, the U.S. and China’s presidents confirmed the result of the intense negotiations by Chinese and American officials.
“Just as I believe the Paris agreement will prove to be a turning point for out planet, I believe the history will judge today’s efforts as pivotal,” Barack Obama said.
The President who talked together with the Chinese President Xi Jinping and the United Nations’ Secretary General, Ban Ki-moon.
“Where there is a will, and there is a vision and where countries like China and the United States are prepared to show leadership and to lead by example, it is possible for us to create a world that is more secure than the one that was left for us,” added Obama. The common announcement shows the world’s two largest economies were capable of coming together to fight climate change, Obama pointed out.
Previously, China had announced it would formally ratify the Paris accord with Chinese President Xi explaining the meaning of the “unwaveringly pursue sustainable development.”
With the Paris Agreement, which could come into force this year, about 200 governments will need to meet the emissions-cutting pledges. The European Union should cut emissions 40% by 2030, while U.S. should go up to 28% by 2025 compared with 2005.