Due to formal procedures, the U.S. exit from the agreement will not enter into full force until November 4, 2020, the day after the next presidential elections. No nation can cope alone with the effects of climate change. The Paris Agreement ensured commitments from almost every nation in the world to fight climate change. It`s a real global company. Countries present their climate commitments and ensure that all nations do their part to reduce emissions and adapt to climate change. These commitments cover emissions from 190 countries – 97% of global greenhouse gas emissions. This agreement ensures for the first time that all major emitters – including China, India, Mexico, Europe, Japan and the United States – will reduce their emissions. And because our action helps encourage others to act, we cannot protect Americans from the damage caused by climate change if we do not act at home and help secure the actions of other countries. The Wall Street Journal wrote this morning: “The reality is that withdrawal is in America`s economic interest and will not play a big role in the climate.” The United States will remain the cleanest and most environmentally friendly country in the world under the Trump administration. We`ll be the cleanest. We will look the cleanest.
We will have the cleanest water. We will be environmentally friendly, but we will not lose our businesses and we will not lose our jobs. We will grow; We`re going to grow fast. (Applause) Finally, the international community has its own formal recognition of climate change through the creation of the International Committee on Climate Change in 1988. The IPCC published its first report in 1990, calling on heads of state and government to conclude a global treaty on climate change. The United Nations Green Climate Fund, originally established during negotiations in Cancun, Mexico, in 2010, has set a target of raising $100 billion a year by 2020, while former Executive Director Héla Cheikhrouhou has proposed that such climate investments actually amount to $450 billion per year. One of the main requirements of the Paris Treaty for signatories from industrialized countries such as the United States is to make significant annual contributions to the Fund.