Copenhagen, 16 December 2009
President, Excellencies, Ladies and Gentlemen,
We have come a long way in these negotiations. An unprecedented number of
world leaders are gathering here in Copenhagen. I remain confident that an
ambitious deal - that delivers on the target of limiting temperature increase
to two degrees Celsius – is within our grasp. But we still have a lot of work
to do if we are to find agreement, and lay the groundwork to safeguard future
generations on this planet.
If, as I hope, everybody is now ready to overcome the procedural obstacles,
I believe we now have a basis for a real negotiation in the closing days
towards a meaningful and ambitious deal, which we must transform into a binding
legal agreement next year.
Madam President , as I am speaking on behalf of the European Union, since
the passage of the Treaty of Lisbon on 1 December, please forgive me for a
moment of real pride in what the European Union has achieved.
The European Union will achieve its Kyoto target. But we have also
demonstrated that it is possible to do so while achieving significant economic
growth. Our emissions trading system has been the backbone of the international
And at this time last year, the European Union became the first Party to set
in place binding legislation to ensure we continue to lead an ambitious
downward trend in carbon emissions. The European Union will reduce its
emissions by at least 20% below 1990 levels in 2020, whatever is decided here.
But – as you know - we are ready to go further, and to move to 30%, if others
are also ready to step up their offers in a meaningful and comparable way. In
particular, while fully respecting their differential responsibilities and
capabilities, I would like to call on our partners in the US and China to
contribute further to a successful outcome to the conference.
Here in Copenhagen, on Friday, we must take a significant step forward in
our common actions to tackle climate change - and its impact particularly on
the poorest and most vulnerable economies. And I stress common action . Our
deal must enable us collectively to do much more on mitigation than each of us
has been able to achieve individually. It must provide a robust framework for
transparency and comparability.
And it must enable us to commit to the necessary financial support. Only
last week in the European Council, the EU has agreed to pledge – collectively –
a total of 2.4 billion euros a year from 2010 to 2012 for fast start funding,
as just the first step to much more extensive finance in support of an
ambitious agreement. The European Union has estimated that by 2020, developing
countries will need additional finance amounting to 100 billion euros a year.
Only a proportion of this will be from public finance, but the European Union
is absolutely ready to pay its fair share.
Madam President , here in Copenhagen we must focus our collective
determination to tackle climate change. There will be 125 Heads of State and
Government here in Copenhagen. It is a real test of our collective credibility
to find global solutions at the highest level. We must find that elusive deal
that will limit global warming to two degrees Celsius. We are going to have to
work extremely hard. But I am convinced that we can seal the deal on
Thank you for your attention.