France on Saturday delivered the final text of a historical global agreement on climate change to participants of the marathon climate talks in Paris.

Foreign Minister Laurent Fabius, who presided over nearly a fortnight of talks in Paris that ran into overtime, said the proposed UN accord would be “fair, lasting, dynamic, balanced and legally binding.”

Xinhua news agency quoting  sources said  the proposed accord eyes 100 billion U.S. dollars a year for developing world from 2020.

It also calls for aiming to hold global average temperature rises to within 2 C over preindustrial levels and strives for limiting the increase to 1.5 C.

*Xinhua/NAN