Europe tells poor nations to curb emissions

The European Commission set out its proposals for a comprehensive and ambitious new global agreement to tackle climate change and how it could be financed on the 28 January 2009. The new pact is due to be concluded at the Copenhagen UN climate conference in December. In order to keep temperature increase below 2°C, developing countries will require substantially higher funding from the developed world and multilateral institutions to help them shoulder their contribution to addressing climate change. The Commission’s proposals include the creation of an OECD-wide carbon market by 2015 and of innovative international funding sources based on countries' emissions and ability to pay.

European Commission: DG Environment: Policies: Climate change: The EU's contribution to shaping the future global climate change regime http://ec.europa.eu/environment/climat/future_action.htm

Website: UNFCCC: COP15 Copenhagen, December 2009 http://unfccc.int/meetings/copenhagen_dec_2009/meeting/6295.php

EurActiv, 29.1.09: EU pressures developing nations to cut emissions http://www.euractiv.com/climate-change/eu-pressures-developing-nations-news-221195

European Commission: Press Release: IP/09/141: http://europa.eu/rapid/pressReleasesAction.do?reference=IP/09/141&format=PDF&aged=0&language=EN&guiLanguage=en

Spiegel Online International, 29.1.09: Can the EU Lead on Global Warming? http://www.spiegel.de/international/europe/0,1518,604297,00.html

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