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Global Climate Accord Reached: 120 Nations Commit to Net-Zero Greenhouse Emissions

In an unprecedented breakthrough at the international climate summit, world leaders have finalized a legally binding treaty to speed up clean energy transitions.

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Global Climate Accord Reached: 120 Nations Commit to Net-Zero Greenhouse Emissions
Source: Associated Press

The treaty, finalized after fifteen days of high-tension negotiation, outlines strict, enforceable emissions limits on heavy industries. Leaders described the agreement as a historic turning point.

"We are no longer just making promises," said the summit president in an emotional closing ceremony. "We are establishing a clear, common ledger for the planet's survival."

Key highlights of the agreement include:

1. A unified carbon pricing floor for G20 nations.

2. A $150 billion annual fund backed by developed nations to finance solar and wind infrastructure in developing territories.

3. Mandatory corporate ESG disclosures across all signatory countries.

Implementation is scheduled to begin on January 1 of next year, with the first major compliance audits occurring in 2028.