Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-02-04-Speech-3-067"
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".
Madam President, we are also looking forward to continuing to work closely with the Czech Presidency, the Czech Government and specifically with Minister Martin Bursík. I am sure that during the first semester of 2009 we will advance the negotiations considerably.
It is clear that the climate change challenge cannot be solved without significantly stepping up the financing of, and investment in, clean technology, as well as measures to adapt to the inevitable climate change impacts. Required amounts for developing countries are estimated to go up to EUR 120-150 billion annually in 2020.
Until 2020, this financing can, for a large part, come from the private-sector households in developing countries. For instance, the major part of reductions in the energy sector will come from efficiency improvements that will pay for themselves. These may partly be supported by international loan arrangements in order to mobilise international private finance.
Another significant part of additional financing and investment will be mobilised through the carbon market, both from the proceeds of the future auctioning of carbon allowances and via carbon credits under the CDM. The European Union in its climate and energy package has created significant demand for CDM credits until 2020. This is likely to spur the deployment of clean technologies in developing countries.
However, the poorer the developing countries are, the more they will require further public financial assistance from developed countries. Without this assistance they will not be able to sufficiently reduce their greenhouse gas emissions. Without this assistance the poorest and most vulnerable will suffer the consequences of climate change. Without this assistance there will be no deal in Copenhagen.
The question is: how can we make sure that these additional public financial flows will be predictable, be spent transparently and effectively, and that the contributions to those flows will be shared internationally?
In addition to our contributions to the United Nations negotiations, we see that, following the success of the European Union’s emissions trading system, carbon markets are being established in many parts of the world. Australia has announced the core elements of its system. In autumn 2008, shortly after his election, US President Obama reaffirmed his goal to create a US-wide carbon market.
Together, these trading systems could form the nucleus of an evolving future global carbon market. As I have already stressed, the European Union’s challenge now is to facilitate the development of such linked carbon markets, in particular among OECD countries by 2015.
In the Copenhagen Communication, the Commission has addressed these questions by putting forward concrete proposals – proposals that are not only ambitious but also realistic, and will make a significant contribution to the success in Copenhagen that our planet so desperately needs.
Let me conclude by taking this opportunity to thank the Temporary Committee on Climate Change, Mr Florenz and Parliament for their strong support for our proposals and for the seriousness and speed with which they have handled the package.
I would like to thank all the speakers in today’s discussion for their positive contributions.
As the title of your report indicates, what happens to the world’s climate in 2015 and beyond will depend on what action the international community decides now. Building on the solid scientific advice at our disposal, and insisting that negotiations must be guided by science, remains vital. We need to communicate the scientific findings to a broader public, and enhance consumer awareness of greenhouse gas impacts on lifestyles and consumption patterns.
Such increased awareness, however, needs to be accompanied by strong economic incentives for business to reduce greenhouse gas emissions from the goods and services they provide. A transition to a low-carbon economy is needed at a global scale, and can only be achieved through comprehensive and integrated action to address emissions in all sectors.
Only by being ambitious now can we keep the door open to stabilising concentrations of greenhouse gases at lower levels, should the IPCC in future indicate that this is necessary. Together with the Commission, I am convinced that you also have an important role in echoing these important messages.
2009 will be a crucial year for the global climate change negotiations. For the Commission, 2009 will be a year of implementation: we are working on an implementation road map. There are about 15 measures that we need to take through comitology; there is a list of deadlines in the revised ETS that we are going to meet: for example, the list of sectors for carbon leakage should be ready by December 2009. There will be a big stakeholders’ meeting on 30 March 2009. The bulk of the work will be done during the summer and, by the end of 2009, we shall have this list dealt with.
The harmonised rules on auctioning should be ready by June 2010. There will be a big stakeholders’ meeting in February, and all these deadlines and work programmes are available to you. But 2009, as I said, is going to be a crucial year for the global climate change negotiations.
The world is expected to agree on further international action to tackle climate change at the Copenhagen Climate Change Conference in December. However, a deal in Copenhagen is by no means a given: much work remains to be done.
The climate change and energy package gave us a head start in this transition and provided an excellent basis to prove that ambitious climate policy is not only possible but also broadly beneficial to our economies and societies. The Copenhagen Communication is the basis for further elaborating the European Union’s positions on those key elements, enabling us to maintain our leadership and help lead the negotiations to a success in Copenhagen."@en1
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