At the recent global climate summit held in Geneva, more than 100 world leaders reached a historic agreement to combat climate change through stricter emission reduction targets and increased investments in renewable energy.

The agreement, known as the Geneva Climate Accord, emphasizes international cooperation and accountability. Under the deal, countries have committed to reducing global carbon emissions by 40% within the next decade. Developed nations will also provide financial assistance to developing countries for adopting clean energy technologies.

“This is a decisive step in the fight against climate change,” said the UN Secretary-General, praising the unprecedented level of unity shown by participating nations.

Environmental groups have welcomed the agreement but stressed the importance of implementation. “Promises are good, but action is what will matter most,” stated one NGO representative.

Meanwhile, industries related to renewable energy, such as solar and wind power, are expected to see rapid growth following the deal. Experts believe the agreement could accelerate the global transition away from fossil fuels and create millions of green jobs worldwide.

The Geneva Climate Accord will be reviewed every five years, with penalties for countries failing to meet their targets.