At the conclusion of the UN's COP21 climate change conference, after intense negotiations, governments across the world have for the first time reached a universal agreement to reduce greenhouse gas emissions, a move that will effectively signal the end of the fossil fuel era by the end of the century.

It is Formula E's stated aim to promote the image of electric cars and to drive the development of electric vehicle technology. In order for the target of restricting global temperature rises to less than 2C (3.6F) over the pre-Industrial levels, as outlined in the legally-binding agreement, electric cars will have to play a prominent role.

"The agreement in Paris is a landmark moment in the fight against climate change," said Formula E CEO Alejandro Agag. "This is the greatest threat the planet faces at the moment, and it will only be through universal action that real change is achieved. The targets that have been set are tough, but we know that increasing the amount of electric vehicles on the road can play an important role in reducing CO2 emissions."