China will continue with climate pact even if US pulls out

"I have experienced this in the last few days", Merkel told a rally in Munich in the wake of the summits.

After a day of rumors about the Republican leader's plans, with some aides reportedly saying a withdrawal was likely and others saying no decision was made, Trump said he was ready to make his stance known. The president has always been opposed to the 2015 deal in which 195 nations agreed to combat climate change by curbing global carbon emissions, and during his campaign he vowed to pull out of the deal.

Global negotiations over climate change have tortuously dragged on for decades - the Paris agreement was supposed to put an end to that.

He added: "Fighting climate change is a global consensus, it's not invented by China. and we realize that this is a global consensus agreement and that as a big developing nation we should shoulder our worldwide responsibility".

The agreement attempts to curb global warming to less than 2 degrees Celsius by the end of the century.

The UN chief also said that he will work to with UN Member States mobilise national and worldwide resources for adaptation, resilience, and the implementation of national climate action plans, and called for new and strengthened partnerships, including with the private sector and through North-South, South-South and triangular cooperation.

The Agreement also provides for an enhanced transparency framework for action and support.

Not all corporations are in line on the Paris agreement.

China is also committed to the agreement regardless of how other countries act, a huge gesture for the world's biggest polluter.

Is there a quicker way to exit the Paris Agreement?

Paris Agreement was opened for signature on April 22, 2016 (Earth Day) at the United Nations headquarters on NY.

The Paris Agreement entered into force on November 4, 2016 - so this means the U.S. would have to stay with it until November 2019.

The threshold for entry into the agreement was achieved on October 5, 2016.

In signing onto the accord, countries pledged to reduce greenhouse gas emissions, but were given wide leeway in how much they planned to reduce them by.

"Donald Trump is not the one who's going to decide whether he applies the Paris agreement or not".

Such a move would be a major break from worldwide partners that would isolate the United States in global efforts to curb global warming.

During his first foreign trip that concluded recently, Trump was under enormous pressure to uphold the Paris Agreement, not just from the world leaders but also Pope Francis.

Efforts by city governments to curtail President Trump's environmental actions have been in play for several months.

"A US withdrawal from Paris will be a disappointment to the climate community, but it may also embolden other countries to fill the void left by the USA and take on a greater leadership role", said Glen Peters, a Norwegian scientist who tracks global carbon emissions.

"Simply put: the U.S. and the Trump administration can do more damage inside the agreement than outside it".

China is the top emitter of man-made carbon dioxide emissions, and the United States is second.

Twenty-five companies, including Intel Corp., Microsoft Corp. and PG&E Corp., have signed on to a letter set to run as a full-page advertisement in the New York Times and Wall Street Journal on Thursday arguing in favour of the climate pact, and warning of potential "retaliatory measures" by other nations. However, India PM Modi has assured India's participation for the global cause.

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