World leaders meet at Copenhagen Climate Conference

World best experts in environment, ministers and heads of state and non-governmental organizations of the 192 member countries of the UNFCCC will beet at the Bella Center in Copenhagen, Denmark, between December 7 and December 18, 2009. This will be the last conference to prepare the post-Kyoto. For the first time, the United States will be present.

The United Nations Climate Change Conference will take place in Copenhagen, Denmark, between December 7 and December 18, 2009. The conference includes the 15th Conference of the Parties (COP 15) to the United Nations Framework Convention on Climate Change and the 5th Meeting of the Parties (COP/MOP 5) to the Kyoto Protocol. According to the Bali Road Map, a framework for climate change mitigation beyond 2012 is to be agreed there.

The European Union has made fighting climate change and global warming, and the transition to a sustainable economy, one of its main priorities. In recent months, EU members have established a joint position to secure a global commitment in Copenhagen.MEPs say the international agreement should ensure that:

  • Developed countries significantly reduce their emissions collectively (at the high end of the 25-40 % range by and a long-term reduction target of at least 80% by 2050 compared to 1990)
  • Developing countries as a group limit their emission growth to 15 - 30% below "business as usual"
  • Targets are reviewed every five years, to ensure they keep pace with the latest science and with the 2 °C-objective
  • The collective contribution by the EU towards developing countries' mitigation efforts and adaptation needs should not be less than €30,000 million per annum by 2020
  • Both emission reduction targets and financing commitments need to be subject to a tougher compliance regime, including an early warning mechanism and penalties
  • Stringent project quality standards must be part of future offsetting mechanisms, to prevent industrialised countries taking away the low-cost reduction options from developing countries and to guarantee reliable, verifiable and real emission reductions

The EU has committed unconditionally to cut its emissions to at least 20% below 1990 levels by 2020 and is implementing this goal through the climate and energy package. It has also committed to scale up its emission cut to 30% provided other industrialised countries agree to make comparable reductions and economically more advanced developing countries contribute adequately to a global deal.

On 10 September the Commission proposed a global blueprint for increasing international finance to help developing countries mitigate their emissions and adapt to climate change. With the basis of this proposal, the European Council took an EU position on climate change financing in its meeting at the end of October, which proposes a communitary contribution of 2,000-15,000 million euros each year until 2020.