Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-09-16-Speech-3-044"
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"en.20090916.4.3-044"2
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"It is expected that the approaching G20 Summit will place a predominant emphasis on the Copenhagen climate talks. There are still many undecided questions standing in the way of a post-Kyoto agreement. Allow me to express a few thoughts I have on this subject. Number one. Instead of vague long-term promises, we need binding medium-term undertakings. These undertakings must be realistic, fair and accountable. When establishing these undertakings, apart from factors like economic development and natural assets, it is important also to take into consideration the extent to which the Kyoto commitments have been fulfilled so far.
Number two. Support should be given for the notion that the EU should assist the developing countries financially as well in achieving their climate policy objectives. A specific financial pledge is needed to achieve this. However, in order to ensure transparency, the developing countries must also make binding commitments and draw up detailed action plans.
Number three. Flexibility mechanisms must continue to be given an important role. In order to promote investment, agreement must be reached as quickly as possible on the way in which the certificates deriving from the projects carried out so far can be included.
Number four. Market-based instruments must be given more scope in the post-Kyoto system. For example, extending the emissions trading or green certificate schemes may help achieve a reduction in emissions in places incurring the minimum cost. I believe that the economic crisis is not an obstacle to the Copenhagen compromise. A decent medium-term agreement may somehow boost the European economy’s competitiveness, while also reducing the burden on the environment."@en1
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