The agreement, while not legally binding, represents the strongest signal yet that major economies are prepared to pivot toward renewables. Environmental groups welcomed the pledge but urged faster implementation.

Negotiations nearly collapsed late Wednesday due to disputes over financing for developing nations. A last‑minute compromise established a working group on green technology transfer, which will convene for the first time in June.

Observers note that the real test will be national policies. "We have seen ambitious declarations before," said Maria Fernanda, lead analyst at the climate policy institute. "What matters now is follow‑through."