Economy and Climate Change The Paris Conference - December 2015

Abstract

The Paris Agreement on climate change issues was adopted at the COP.21 of December12, 2015. Representatives from 195 countries have agreed to undertake concrete measuresin order to contain the rise of global atmospheric temperatures until the end of the century,to less than 2 degrees Celsius in comparison to preindustrial era values. As a way to boost its enactment, the agreement provides that developed countriesundertake a yearly 100 billion dollars financing in Eco-friendly technologies directed todeveloping countries. This paper, other than being a brief listing of Summits dealing with climate changeissues also describes the evolution of the CO2 atmosphere percentage as well as theconsumption of carbon based fuels - the reason for the highly increasing raise in theconcentration of the most nominated greenhouse effect gas that causes the rise oftemperature on our planet.

Keywords

• economy
• climate change
• coal
• oil
• methane gas