New echoes on global warming: World leaders sign historic consensus on carbon emission cuts

On this historic day, following the Paris Climate Conference, representatives from more than 195 countries across the world and executives from major multinationals signed a new agreement that aims to reduce global carbon emissions by 55 percent by 2030. This step is being considered a turning point in fighting global climate change.

Under the agreement, financial assistance to both developed and developing countries, technology transfer and creation of a special fund for renewable energy projects were created. Initiatives also include key ecological foundations and marine conservation areas, which will also have a positive impact on biodiversity.