New Delhi : The Paris Agreement on climate change clinched on Saturday after 13 days of hard negotiations demonstrates the collective wisdom of world leaders to mitigate its effects and there are no winners or losers in the outcome, said Prime Minister Narendra Modi.
"Deliberations at the 21st Conference of Parties (CoP21) and Paris Agreement demonstrate the collective wisdom of world leaders to mitigate climate change," Modi said on Twitter.
He said climate change remains a challenge but Paris Agreement demonstrates how every nation rose to the challenge and world leaders were working towards a solution to mitigate the change.
"Outcome of Paris Agreement has no winners or losers. Climate justice has won and we are all working towards a greener future," he tweeted.
The landmark Paris Agreement on climate change was adopted by 196 countries of the United Nations Framework Convention on Climate Change during the CoP21 hosted by France.
At the CoP21's starting on November 30, Modi had launched an alliance of some 120-odd nations to tap solar energy better. He urged the rich nations to shoulder their responsibilities in protecting the environment, with funding and transfer of clean technology to poor and emerging economies without further delay.
In his address at the conference, he said India has set "ambitious targets" and aims to reduce emissions by 33-35 percent of 2005 levels, and 40 percent of installed capacity would be from non-fossil fuels.
The solar alliance move was lauded by global business leaders, who felt the issue of funding has to be addressed, too, to make this green initiative a success.
Modi also had bilateral talks with US President Barack Obama and Japanese Prime Minister Shinzo Abe on the sidelines, and agreed their nations would work closely in fighting climate change. He also had a brief meeting with his Pakistani counterpart Nawaz Sharif.(IANS)