After President Trump backed out of a global agreement that was meant to tackle climate change, other 193 countries that joined in signing the agreement felt disappointed by Trump. The agreement was originally signed in 2015 by 194 countries including the United States. Although various companies and CEOs have criticized Trump for pulling the U.S. out of the agreement, but Trump is a president who is bent on fulfilling his campaign promise and therefore has no other choice than to pull the plug on the Paris agreement.
Syria and Nicaragua were the only countries that were not part of the Paris deal until U.S pulled out of the agreement.
The agreement aims to limit the increase in global average temperatures to well below 2°C above pre-industrial levels. Above 2°C is the level beyond which scientists believe will result to the worst extremes of global warming.
Somehow the deal favor developing countries because the agreement requires that developed nations (according to the definition of the UN Framework in 1992) to help developing countries with the costs of going green and the costs of coping with the effects of climate change.
The developed countries are obliged to mobilise $100bn a year of public and private finance to help developing countries by 2020.