Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-12-16-Speech-3-271"

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"en.20091216.17.3-271"2
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"Developments are ongoing as we speak in Copenhagen, but I will try to give you the latest. We also need a framework for adapting to climate changes as well as for technology transfer and capacity building. We need financing in the framework of a fair and equitable governance system for mitigation, adaptation, capacity building and technology transfer to developing countries. In this context, the last European Council concerning the figure for fast-start financing for the first three years gives an important impetus to the ongoing negotiations; that also strengthens the credibility of the European Union. Heads of State or Government are now approaching Copenhagen. We hope that they will provide the necessary political impetus on the crucial issues of mitigation and financing. So hopefully, an ambitious deal can be struck. The EU has put forward proposals that the negotiation for a legally binding treaty for the period starting 1 January 2013 should be finalised as soon as possible after the Copenhagen conference. When this can be achieved is too early to say, but we should aim for a deal within six months after the finalisation of the conference. They are two major issues as you are well aware: mitigation and financing. As the Prime Minister said this morning, we are still confident that we can have a successful outcome in Copenhagen which allows us to keep the global temperature increase below 2 C above the pre-industrial level. The EU is playing a key role – a bridge-building role – in a process with a view to ultimately reaching a legally binding agreement: hopefully, a politically binding agreement now, with a clear timetable to reach a legally binding agreement for the period starting 1 January 2013. But reaching an agreement requires convergence on the following essential building blocks. Firstly, deep and ambitious emission reduction commitments by the developed countries by 2020. Some countries, Japan and Norway, have upped their pledges but it is clear that what is currently on the table is not enough to reach the 2 °C target. In this context, the EU will reiterate its demands to other developed countries to take on an ambitious agenda, and to continue to seek measurable, reportable and verifiable mitigation actions by developing countries. The larger developing countries have put their bids to limit their growth of emissions on the table – China, India, Indonesia, Brazil, South Africa and South Korea – and this accounts for significant contributions. However, the Council believes that there is a larger potential for actions to come from these countries, especially China and India. It is also clear that more is needed if we want to stay within the 2 °C warming. The EU will therefore ask them to increase their efforts further in the context of an ambitious agreement."@en1
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