MOSCOW (Sputnik) — The Paris Agreement on Climate Change, adopted in December 2015, aims to limit global average temperatures to less than 2 degrees Celsius above pre-industrial levels. The agreement also aims to create more financing to curb greenhouse gas emissions and support more climate-resilient development.
"The dialogue and decisions in Marrakech hold immense potential to accelerate and amplify the immediate response to the challenge recognized in the Paris Agreement. This meeting is therefore incredibly important," UNFCCC Executive Secretary Patricia Espinosa said as quoted by a UN press release issued ahead of the conference.
During the conference, the parties "hope to define the rules for the accord and to lay out a viable plan for providing at least $100 billion a year to developing countries to support climate action," according to the UN.
The conference will last until November 18. On November 15, a high-level segment expected to be attended by dozens of international leaders, will take place in Morocco.