Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-03-12-Speech-3-392"
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"en.20080312.25.3-392"2
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"Mr President, I should like to draw attention to three issues. It is entirely appropriate for the author of the report to point out that the most serious consequences of climate change are felt in the poorest countries. This is because the latter only have very limited resources, especially financial ones, with which to respond to climate change.
Secondly, in the light of what I have just mentioned, it is right to support the Commission’s proposal to set up a Fund, even though the EUR 80 million suggested is a meagre amount. Nonetheless, as this Fund is intended to help leverage private sector investment to finance local projects, it may prove very effective indeed.
Thirdly, I should like to take this opportunity to point out that the burden of combating climate change is not being shared at all fairly within the European Union itself. For example, the CO
emission limits were allocated to the various countries without taking sufficient account of how far the latter might be lagging behind in terms of development. As a result, countries such as Poland were allocated very low limits, and this led almost immediately to a rise of between 10% and 20% in the cost of electricity."@en1
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"2"1
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