Climate is usual or you can say kind of a permanent weather of a place. Unlike weather which changes day to day, climate does not change so fast it is different for different seasons. A place which is warm and dry in the summer will be the same for a long period of time but the dryness and warmth may vary. Same is the case with cold areas and its climate it may be cool and wet in the winter, and this coldness and wetness may vary. Different places have different climates. Climate change is a firm change occur in a long period of time which doesn’t change rapidly and have the effect for a long time. These changes include the natural things like how much rain a place get per year or how hot is a place in the season of summer or how cold is it when the winter comes? Climate change can be referred as the change in Earths climate. Like if in a specific region or area it snows all the winter season and then gradually it decreases, it is called the climate change.P.S Weather can change in few hours and Climate change take Hundreds of years or maybe centuries. The Paris Agreement, which is also called as Paris climate accord or Paris climate agreement is an agreement within the mentorship of the United Nations Framework Convention on Climate Change (UNFCCC) which is dealing with the adaptation, greenhouse gas emissions mitigation and finance committed to starting in the year 2020. The language of this agreement was presented and negotiated by representatives and activists of 196 parties at the 21st(twenty-first) Conference of the Parties of the UNFCCC in Paris and was implemented and adopted by the unions on 12th of December 2015.In 2016, the Paris Agreement is considered as a turning point in the great war against the climate change. World leaders from all around the world united for the first time in the history to legally agreed and signed an agreement for the action against pollution through the United Nations Framework Convention. And now as of November 2017, 195 UNFCCC members have signed and ratify the agreement and 171 have become part of this agreement.In the Paris Agreement, each country have firm plans and agreed to regularly reports their own contributions which are made in order to diminish global warming.No country have set a specific date or time to control the climate change and neither can it happen if we take in a practical manner but every country is committed to contributing there best to get over this increasing rate of climate change.China that was initially presumed to be against such an agreement about climate, has now become its most important supporter, in the variance with the decision of the United States president by saying these exact words “We’re getting out.” Donald Trump signified the United States’ is out from the Paris Agreement on the Climate Change . When all the leaders failed to convince President of the U.S Donald Trump to be the part of the Paris Climate Agreement back in May, the French President Emmanuel Macron turned to the other leaders and said, “China leads”.The idea of China leading on this Accord of climate change may sound jolting after seeing the images of Beijing and Shanghai which are choking with pollution.Spending one day in Beijing is like smoking 40 cigarettes per day. This poisonous air causes about 4,000 premature deaths of people and 2 birth defects in each minute. It was recently revealed that Chinese industries are burning 17% more coal than stated. Chinese people are using masks to prevent these apocalyptic smoked filled atmosphere. In the Paris agreement, China said it would decrease its carbon production intensity by 60 to 65% by 2030, as in comparison to its level in 2005. China has been in this argument that developing countries should be allowed to let their emissions rise if their citizens grow out of poverty.But the amount of carbon dioxide which is released and is pollution still it gives each dollar of economic activity.Which means that China’s emissions can keep growing, as the economy expands with time. China will continue to pursue and follow the innovative, coordinated, green and shared development, keeping in mind its domestic requirements for its sustainable growth, step up efforts to deal with climate change and sincerely implement the Paris Agreement.As the world’s largest infrastructure investor, China has a lot to lose when it comes to climate change. The rapid increase of urbanisation means that many of China’s infrastructure networks are growingly vulnerable to natural disasters like flooding and droughts, to which China is historically disposed of.The geographical regions of China which are most vulnerable to serious economic impact from climate change are the following:1. Beijing2. Tianjin3. Jiangsu4. Shanghai5. ZhejiangPeople living in these areas are expected to experience the breakdown of many services because of the natural disasters aggravated by climate change. Which could mean more persistent power failures, transport delays and cancellations and discontinued water supply.The prices of electricity, gas and water could e expected to have an unaffordable rise and one might not be able to travel so freely.Climate change may cause a positive and potential advantage for the development of Chinese agriculture, rather than a risk like other things, it will have a better impact especially for agriculture in the provinces of the Northwest, Northeast and North regions.For companies in China, there could be production losses, damage to property and industrial accidents on a large scale never seen before, and it will be the downfall of the companies. The example of the impact of flooding in Thailand in 2011 is in front of everyone when the big manufacturing and production car plants such as Toyota and Honda were compelled and forced to pause production for many months, it provides a graphic illustration of what could possibly happen in China.These floods in Thailand’s which lead to losses caused the ripple effects in other sectors and countries as well. These losses costs represented the 80% were counted off the world’s total economic losses that year and the insurance industries responded in such manner that they raised the rates in some areas between 50% to 200% and halt accepting new clients in Asia.According to an Oxford study, it is said that the average number of the infrastructure like railways, aviation, shipping and water users whose services could be seriously disturbed and disrupted by the impacts and effects of flooding stands at 103 million. Drought, on the other side, where a lack of water supply may result in the suspension and decrease of energy production, and which will definitely affect an average of the 6 million electricity users.Individuals will be affected less as expected by the assumptions. But companies, big firms, plants etc can take a serious measure of what can happen next. All these companies should build such architectures and apply such plans that they should not be much affected by this climate changes.This is utmost important for agricultural, manufacturing and natural resources extraction companies, which are mainly vulnerable to climate change effects.Even the industries like finance and banking, which are not expected to necessarily get affected directly, would have benefited from such plans, as they may have invested there resources in assets in the vulnerable regions and sectors.But visibly it is the government that will face the greatest challenges, as they are the biggest infrastructure investors, owners and operators in China. And Infrastructure growth has been playing the key role in China’s growth. The Capital accumulation, in which infrastructure investment is a part it has contributed about 70% to the growth since 1952. However, a lack of infrastructure which is capable of withstanding these natural disasters has nevertheless delay in China’s development and growth. For example, the floods in 2011 alone resulted in the interruption and delay of services to 28 main rail links, 21,961 most used roads and 49 airports, and the failure of 8,516 electricity transmission lines.But the good thing here is that the Chinese government is tackling the potential risks involved. In its first-ever National Climate Change Adaptation Plan, China called for infrastructure to be prioritised at the top. This includes the improvement in the disaster risk warning systems, the introduction and production of higher and better engineering standards for new infrastructure and the needs and requirements for comprehensive and detailed climate risk assessments.