Environmental concerns are leading countries across the globe to collaborate to tackle climate change. For instance, the European Union has extensive environmental laws under its European Environmental Law, and SAARC countries have developed the Agreement for Energy Cooperation (Electricity). In 2015, 195 countries adopted the Paris Agreement during the United Nations Climate Change Conference. It is the first legally binding, internationally coordinated climate deal, to help develop sustainable solutions for global environmental issues such as nuclear cleanup and global warming. Under the agreement, governments will collaborate to provide $100 billion per annum to fund environmentally efficient solutions in developing countries, to which the US government deposited $500 million in March 2016. Since the agreement, countries all over the globe have started to significantly integrate climate change regulations and policies as part of their law-making process. This collaboration between global organizations is driving the environmental consulting services market to grow from $32.8 billion in 2018 to $35.9 billion in 2021 at an annual growth rate of 3.02%. To view the full article visit PR Newswire.
