Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-16-Speech-3-443-000"

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"Madam President, I would like to thank all the Members for this constructive debate. I believe that the high level of political attention afforded by Parliament to this issue provides a helping hand to the Presidency to fulfil its agenda with regard to the rising food prices. As has also been highlighted in this debate, due to the extent and depth of this issue, it requires multifaceted cooperation and complex solutions across various areas such as agriculture, regulation of financial products and services as well as development policy. With respect to biofuel production, I would just like to repeat that the EU is fully aware that the unsustainable production of biofuels can have negative effects, notably mass deforestation and food shortages. That is why the EU is committed to stepping up the development of second-generation biofuels made of non-food crops. The EU has also abolished the perverse financial incentives for biofuel production at the expense of food production. Given the deep structural global roots of the problem, Europe needs to play a leading role in tackling food prices and food security at global level. This is already taking place through a number of international organisations and programmes such as FAO and the World Food Programme, as well as through more general forums such as the G20. I would just like to add that, on a personal level, this debate has reinforced my long-standing conviction that, to tackle global challenges, such as hunger in the world, volatility of food and raw material prices, turbulence on the financial markets, regulation of financial products and services, there is a need for much more global governance and more global rule-making. Europe, based upon its unique experiences with governance and rule-making, does have a very special mission and responsibility here. It is for this reason that we believe that Europe and the European Union have to take a leading role in combating all these challenges. The Hungarian Presidency is pleased to note that it can count on Parliament to maintain the work being made by the EU, both in terms of policy and of efforts at international level."@en1
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