JLL’s Dan Probst and Sarah Nicholls joined world leaders and experts from the private and public sectors at the United Nations climate conference – known as COP21 – in Paris in December, and blogged about their experiences here. Below, Sarah Nicholls discusses the COP21 outcome – known as the Paris Agreement – and what it means for the world and for business.
At the COP21 conference last month, 195 countries agreed to limit greenhouse gas emissions in an effort to curb global warming. This outcome – referred to as the Paris Agreement – stipulates an overarching objective to limit global temperatures from rising above 2 degrees Celsius relative to pre-industrial levels. To deliver on this aim, UN members submitted carbon reduction plans, known as Intended Nationally Determined Contributions (INDCs), ahead of COP21. The delivery of the INDCs is the responsibility of each member.
We can acknowledge that COP21 led to a huge, unprecedented milestone: a global climate change agreement on this scale has never been achieved before. So we’re on the right path.… Read More