Manifesto launch and finance pledge
UK Government Road to Copenhagen 'manifesto' launched
'This is a make or break time for our climate and our future', UK Climate and Energy Secretary Ed Miliband said today as the Government for the first time ever set out its detailed position ahead of global climate talks. Download the 'Road to Copenhagen' document, launched by Ed Miliband today.
With less than six months left before crucial climate negotiations take place in Copenhagen, the Government today sets out for the first time why an international climate change agreement is vital for the world and what a deal must contain.
The UK argues the global deal on climate change must be:
- Ambitious – limit climate change to 2 degrees, by making sure global greenhouse gas emissions peak and start to reduce by 2020, and keep on shrinking to reach at most half of their 1990 levels by 2050
- Effective – keep all countries to their word with strong monitoring, reporting and verification; and let money flow to where it will make most difference by developing carbon markets
- Fair – support the poorest countries to cut their emissions and adapt to climate change
We're committed to a global deal at Copenhagen but we can't do it alone. If you agree with the UK bid of a deal that's ambitious, effective and fair, then your pledge of support can help the UK negotiate for a stronger deal.
Prime Minister proposes $100 BN finance breakthrough on climate finance
Speaking at the event, Prime Minister Gordon Brown broke new ground among world leaders in setting out how the world should pay for avoiding dangerous climate change and adapting to its impacts. The Prime Minister pledged that the UK will play its part in providing financial aid for climate mitigation in the developing world, and urged countries to work together on a global figure of around $100 billion per year by 2020.
Key elements of the PM's finance package include:
- Developed and developing countries should work together on a global figure of around $100bn per annum by 2020 to help developing countries address climate change. This will help pay for developing countries' plans to reduce emissions using greener technology, avoid deforestation and to adapt to climate change
- The global carbon market (emissions trading) should be expanded and enhanced to deliver a significant proportion of this
- All countries should use a transparent and regularly updated formula – based on ability to pay and emissions – to determine how much they will each contribute, though the poorest countries should be exempted
- The UK will support an automatic mechanism for generating predictable flows of international public finance – for example, by auctioning a small proportion of international emissions allowances, as proposed by Norway
- All countries should commit to provide finance for climate change over and above existing Official Development Assistance (ODA) commitments, whilst at the same time achieving the UN target of 0.7% of GNI
- All ODA should be climate-proofed, with a distinct and limited proportion – up to 10% for the UK – earmarked for climate change and poverty reduction
- New institutional arrangements should be put in place to ensure better coordination of how developing countries get this money and use it effectively and efficiently on low carbon, climate resilient and sustainable development plans, with an equal voice for developing and developed countries.
Today's PM speech shows that as the UK, we are determined to lead the way in getting an effective climate deal at crunch negotiations in Copenhagen. No other country has taken the lead in this way with this kind of comprehensive proposal and working figure. The international fiance announcement builds on what the Government is doing here at home – for example, our ambitious Climate Change Act, with legally-binding carbon budgets and our commitments to cut UK emissions by more than a third by 2020 and 80% by 2050.
Six month countdown
Success in Copenhagen is also vital for Britain's economic future and national security. Building a low carbon Britain and securing a Copenhagen deal will be in our business and economic interests. Over 800,000 people are now employed in the low carbon sector in the UK and well over a million jobs are predicted by the middle of the next decade.
As the 'Road to Copenhagen' document launched shows, an ambitious climate deal in Copenhagen is vital to Britain's economic prosperity and national security. Unchecked climate change will cause huge costs to the British economy and destabilise many parts of the world. Tackling climate change opens up major opportunities for British businesses to create jobs in the new low carbon economy: already a £3 trillion market employing nearly 900,000 people in Britain and with the right climate change policies that can increase by 400,000 over the next eight years.
The Road to Copenhagen (PDF 1.97MB)
The Road to Copenhagen leaflet (PDF 1.05MB)
Further explanation on Canada's figures (PDF 94.31KB)
Related press coverage
'The Greenhouse', The Sun 17 August 2009
Road to Copenhagen download
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