Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-16-Speech-3-280-000"
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"en.20111116.18.3-280-000"2
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"I am voting for this motion for a resolution as a whole. I would like to highlight two points, which I consider to be of the utmost importance for the Durban Climate Change Conference. I agree with the urgency that the EU attaches to a new agreement between the Member States for a post-2012 protocol. It is vital to ensure a comprehensive, international, fair, ambitious and legally binding agreement, so as to secure the objectives of a 26% cut in emissions by 2020, based on 1990 levels, and of limiting the mean global temperature increase to 2°C. It is equally important that the financial architecture of the protocol be restructured, as it presently provides only 5% of the estimated capital that developing countries will need over the coming decades. Otherwise, we may see some unwanted reluctance among these countries as regards their compliance with a new agreement. In view of this, it is important that the EU insist and put pressure on the Member States to create new mechanisms that provide new and supplementary funds, such as
a financial transaction tax, a green tax, or a tax on maritime or air transportation. I admit that this would require the entire fiscal package to be rethought if it is not to place an excessive burden on people and companies in a time of recession."@en1
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