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CS Professional · Environmental, Social and Governance (ESG) - Principles and Practice · Environment

Varun Textiles Ltd. is preparing its climate disclosures. The company secretary explains that the Paris Agreement, adopted in 2015 under the UNFCCC, sets a long-term goal on global temperature. Which goal is correct?

The Paris Agreement aims to hold the global average temperature rise well below 2°C above pre-industrial levels and to pursue efforts to limit it to 1.5°C. The other options state targets that the agreement does not contain.

  1. AHold the rise in global average temperature well below 2°C above pre-industrial levels and pursue efforts to limit it to 1.5°CCorrect
  2. BHold the rise in global average temperature below 4°C above pre-industrial levels
  3. CEliminate all greenhouse gas emissions of developed countries by 2020
  4. DCap each country's emissions at its 1990 level by 2030

Explanation

The Paris Agreement aims to keep the temperature rise well below 2°C and pursue 1.5°C. The 4°C figure and the 1990 cap are not its goals. Developed-country 2020 elimination is not a Paris target either.

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