(CNBC) 'Historic' climate deal struck in Paris

Nearly 200 delegates from nations around the world on Saturday approved a framework to contain carbon emissions, in a move being hailed as a groundbreaking accord that requires the world’s economies to take concrete steps to regulate gases linked to global warming.

After two weeks of marathon negotiations conducted in the shadow of the Paris terrorist attacks which shocked the world, national representatives appeared put a stamp of approval on a blueprint that commits signatories to curbing climate-altering greenhouse gases.

French Foreign Minister Laurent Fabius hailed the “historic” measure for transforming the world’s fossil fuel-driven economy within decades and turn the tide on global warming.

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