EU calls for a binding climate agreement to be reached in Cancún

The Heads of State and Government from the European Union, meeting in Brussels for the Autumn European Council, emphasized the need to reach a legally binding agreement on climate. In their conclusions, EU leaders underlined that it has become increasingly urgent to make progress in tackling climate change.

For Heads of State and Government it is therefore quite important that the Cancún Conference to be held between 29 November and 10 December, will deliver a significant intermediate step, building on the Kyoto Protocol and paving the way towards a global and comprehensive legally binding framework, integrating the political guidance given in the Copenhagen Accord.

The European Council has endorsed the conclusions of the Council of 14 October 2010 on the preparation of the Cancún Conference and confirmed the willingness of the European Union to consider a second commitment period under the Kyoto Protocol provided the conditions set out in these conclusions are met.

EU Objectives towards Cancún Climate Conference

The European Union will submit a comprehensive and transparent report on the implementation of its commitment on fast-start financing in Cancún and yearly thereafter and will underline the importance of further increasing transparency of climate change financing. The European Union will reassess the situation after the Cancún Conference, including the examination of options to move beyond 20% greenhouse gas emission reductions to be prepared to react to the ongoing international climate negotiations. In this regard, the Council report report back on this issue by spring 2011.

In parallel with seeking an international agreement, the EU will also develop a more diversified approach to engaging with key partners in areas of mutual interest that help them reduce their emissions. In this context, the EU encourages regional initiatives to tackle climate change and promote green growth such as the recent Mediterranean Initiative on Climate Change.

It is crucial that the European Union and its Member States continue to play a constructive role and that they deliver a single message.