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The deal will likely take effect by 2020 - at the latest.
During a recent United Nations climate conference, which occurred in South Africa, various United Nations members agreed that a new deal should be implemented in order to further decrease harmful greenhouse gas (GHG) emissions, as well as the threat of global climate change.
According to the deal, which was approved on Dec. 11, 2011, all countries affiliated with the United Nations will need to abide to identical, legal obligations in order to control the amount of GHGs that are emitted on a yearly basis.
At the same time, some countries will be chosen to annually collect, oversee and allocate billions of dollars to poorer nations so that they too may be able to lower their emissions, while also progressing towards eventual, full-fledged economic growth and stability.
The deal, which is expected to ultimately lower the risk of global climate change, will likely take effect by 2020 - at the latest.
For more information about the meeting and the United Nations' climate change deal, please visit this link.