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Towards a comprehensive climate change agreement in Copenhagen

 

 

The successful conclusion of the international climate change negotiations at Copenhagen at
the end of 2009 is a key priority for the EU. Now that the Climate and Energy package has
been adopted, the EU must step up its contacts with third Countries, both in the UN context
and beyond.

This Communication sets out concrete proposals to achieve this goal. It addresses three key
challenges: targets and actions; financing; and building an effective global carbon market. It
also responds to the request made by the European Council in June 2008 to present a
comprehensive strategy for scaling up finance and investment flows for both emission
reduction and adaptation.

In order to limit the global average temperature increase to not more than 2°C above preindustrial levels, developed countries as a group should reduce their emissions to 30% below 1990 levels in 2020. The EU has set the example by committing to a 20% reduction in its
emissions compared to 1990 levels by 2020, irrespective of whether or not an international
agreement is concluded. This is by far the most ambitious commitment by any country or
group of countries in the world for the post-2012 period.

 

 

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