The Netherlands on Friday, July 28, 2017 deposited its instrument of ratification of theĀ Paris AgreementĀ on Climate Change.
The northwestern European nation thus becomes the 156th country to endorse the global treaty, after Venezuela and Serbia, which ratified the climate accord respectively on Friday, July 21 and Tuesday, July 25, 2017.
According to the United Nations Framework Convention on Climate Change (UNFCCC), the Netherlandsā ratification of the pact will enter into force in a monthās time on Sunday, August 27, 2017.
Previously, the Republic ofĀ Malawi on Thursday, June 29, 2017 ratified the pact, ahead of Egypt and Togo, which ratified the climate accord respectively on Thursday, June 29 and Wednesday, June 28 2017.
The Paris Agreement builds upon the Convention (UNFCCC) and ā for the first time ā brings all nations into a common cause to undertakeĀ ambitious efforts to combat climate change and adapt to its effects, with enhanced support to assist developing countries to do so. As such, it charts a new course in the global climate effort.
The Paris Agreementās central aim is to strengthen the global response to the threat of climate change by keeping a global temperature rise this century well below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius.
Additionally, the agreement aims to strengthen the ability of countries to deal with the impacts of climate change. To reach these ambitious goals, appropriate financial flows, a new technology framework and an enhanced capacity building framework will be put in place, thus supporting action by developing countries and the most vulnerable countries, in line with their own national objectives. The Agreement also provides for enhanced transparency of action and support through a more robust transparency framework.