COP21: Implications for major economies

The climate agreement signed by nearly 200 countries on Saturday required compromises and concessions from all sides and will have varying effects on countries’ policies and economies.

The climate agreement signed by nearly 200 countries on Saturday required compromises and concessions from all sides and will have varying effects on countries’ policies and economies.

US

Ever since Copenhagen in 2009, the US has championed a ‘bottom-up’ approach in which countries submit their own non-binding plans to reduce emissions in their own way. It has been successful in making this the approach of the Paris Agreement.

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