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G7 MEMBER STATES 023motion. But as I was saying, we must now translate the agreement into action.Along with many heads of state and government, I will, therefore, be in New York on 22 April to sign the Paris Agreement. Because for this agreement to enter into force, it must be ratified by 55 states, accounting for 55 per cent of worldwide greenhouse gas emissions. Through you, I am therefore making this appeal for your heads of state and government to be in New York themselves or to send a representative for the signature.France’s work is far from over, as it holds the COP Presidency and is working in close collaboration with Morocco, which will host COP22. We will make sure that the financial commitments made are met: US$100 billion per year must be raised after 2020. The commitment review mechanism, which has been included in the agreement, will take place every five years. This was what we had wanted.France will look ahead – it will undergo the review before 2020 and will ask the European Union to also lead by example: to be able to look ahead in terms of what is set out in the agreement. Similarly, we will take many concrete actions before the agreement enters into force. I have mentioned the International Solar Alliance with Prime Minister Modi, but also the early warning mechanisms for the most vulnerable countries, which are awaiting them. There is also the initiative for renewable energies for electricity in Africa. We also want the momentum built by the Lima-Paris Action Agenda to be quickly translated into action. ■This is an edited version of President Hollande’s 2016 speech to the Diplomatic Corps. Source: The French Ministry of Foreign Affairs (www.diplomatie.gouv.fr).Above: Front row (left to right): President François Hollande, COP21 President Laurent Fabius and UN Secretary-General Ban Ki-moon, pictured on 12 December 2015 moments after the adoption of the Paris Agreement.