|
|
|
Press Release Declaration of Leaders Meeting of Major Economies on Energy Security and Climate Change (Hokkaido; July 09, 2008)
We, the
leaders of Australia, Brazil, Canada, China, the European Union, France,
Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico,
Russia, South Africa, the United Kingdom, and the United States met as
the world's major economies in Toyako, Hokkaido, Japan, on 9 July, 2008,
and declare as follows:
3. The Major
Economies Meetings constructively contribute to the Bali process in
several ways: 4. We support a shared vision for long-term cooperative action, including a long-term global goal for emission reductions, that assures growth, prosperity, and other aspects of sustainable development, including major efforts towards sustainable consumption and production, all aimed at achieving a low carbon society. Taking account of the science, we recognize that deep cuts in global emissions will be necessary to achieve the Convention's ultimate objective, and that adaptation will play a correspondingly vital role. We believe that it would be desirable for the Parties to adopt in the negotiations under the Convention a long-term global goal for reducing global emissions, taking into account the principle of equity. We urge that serious consideration be given in particular to ambitious IPCC scenarios. Significant progress toward a long-term global goal will be made by increasing financing of the broad deployment of existing technologies and best practices that reduce greenhouse gas emissions and build climate resilience. However, our ability ultimately to achieve a long-term global goal will also depend on affordable, new, more advanced, and innovative technologies, infrastructure, and practices that transform the way we live, produce and use energy, and manage land. 5. Taking into account assessments of science, technology, and economics, we recognize the essential importance of enhanced greenhouse gas mitigation that is ambitious, realistic, and achievable. We will do more. We will continue to improve our policies and our performance while meeting other priority objectives in keeping with the principle of common but differentiated responsibilities and respective capabilities. Achieving our long-term global goal requires respective mid-term goals, commitments and actions, to be reflected in the agreed outcome of the Bali Action Plan, taking into account differences in social and economic conditions, energy mix, demographics, and infrastructure among other factors, and the above IPCC scenarios. In this regard, the developed major economies will implement, consistent with international obligations, economy-wide mid-term goals and take corresponding actions in order to achieve absolute emission reductions and, where applicable, first stop the growth of emissions as soon as possible, reflecting comparable efforts among them. At the same time, the developing major economies will pursue, in the context of sustainable development, nationally appropriate mitigation actions, supported and enabled by technology, financing and capacity-building, with a view to achieving a deviation from business as usual emissions.
6. We
recognize that actions to reduce emissions, including from deforestation
and forest degradation, and to increase removals by sinks in the land
use, land use change, and forestry sector, including cooperation on
tackling forest fires, can make a contribution to stabilizing greenhouse
gases in the atmosphere. These actions also reduce climate change
impacts and can have significant co-benefits by maintaining multiple
economic goods and ecological services. Our nations will continue to
cooperate on capacity-building and demonstration activities; on
innovative solutions, including financing, to reduce emissions and
increase removals by sinks; and on methodological issues. We also stress
the need to improve forest-related governance and cooperative actions at
all levels. 8. We affirm the critical role of technology and the need for technological breakthroughs in meeting the interlinked global challenges of energy security and climate change. In the near term, broader deployment of many existing technologies will be vital for both mitigation and adaptation. In particular, energy conservation, energy efficiency, disaster reduction, and water and natural resource management technologies are important. We will promote the uptake and use of such technologies including renewables, cleaner and low-carbon technologies, and, for those of us interested, nuclear power. Technology cooperation with and transfer to developing countries are also vital in this effort, as is promoting capacity building. For the longer term, research, development, demonstration, deployment, and transfer of innovative technologies will be crucial, and we acknowledge the need to enhance our investment and collaboration in these areas. Mindful of the important role of a range of alternative energy technologies, we recognize, in particular, the need for research, development, and large-scale demonstration of and cooperation on carbon capture and storage. We also note the value of technology roadmaps as tools to promote continuous investment and cooperation in clean energy research, development, demonstration, and deployment.
9. We
recognize that tackling climate change will require greater mobilization
of financial resources, both domestically and internationally. There is
an urgent need to scale up financial flows, particularly financial
support to developing countries; to create positive incentives for
actions; to finance the incremental costs of cleaner and low-carbon
technologies; to make more efficient use of funds directed toward
climate change; to realize the full potential of appropriate market
mechanisms that can provide pricing signals and economic incentives to
the private sector; to promote public sector investment; to create
enabling environments that promote private investment that is
commercially viable; to develop innovative approaches; and to lower
costs by creating appropriate incentives for and reducing and
eliminating obstacles to technology transfer relevant to both mitigation
and adaptation.
Direct our trade officials responsible for WTO issues to advance with a
sense of urgency their discussions on issues relevant to promoting our
cooperation on climate change; |