Climate Change Priorities: Building a Global Low Carbon Future

2. Czech Climate Change Priorities Aleš Kuták Deputy Minister of the Environment

3. Prague, 26th Jan 2009 Czech Presidency 2009 • Motto:Europe without Barriers • Key issues – 3E: • Economy - Competitiveness, the Four Freedoms, and Liberal Trade Policy • Energy and Climate Change • EU – External Relations

4. Prague, 26th Jan 2009 Copenhagen Agreement • 4 crucial areas to achieving a deal in Copenhagen: • Mitigation objectives for industrialized countries; • Securing financial flows – giving developing countries confidence that they will receive support in tackling climate change; • Governance – a structure for governing the UNFCCC which achieves a balance between developed and developing countries; • Mitigation actions by developing countries, particularly major emerging economies.

5. Prague, 26th Jan 2009 Climate Change Priorities • Global Economic Recovery Plan must be based on synergies and win-win opportunities to address the economic crisis, energy security and climate change together – supporting development towards a global low carbon future. • Carbon market is a key element to address GHG emissions and deliver important financial resources – new developments for post 2012 is crucial. • New Legal Architecture must be extended to cover a new agreement, new rules, and procedures for post 2012.

6. Prague, 26th Jan 2009 Climate Change Priorities Agreement at EU level on the financial arrangements • Poznan taught us a lesson about where our weak points are; • Commission Communication and Council Conclusions need to deliver new proposals.

7. Prague, 26th Jan 2009 Climate Change Priorities Agreement at EU level on the financial arrangements • Key financial questions: • How to justify allocation of public finance to projects totackle the climate change in developing countries? • What level of responsibility should EU take when providing additional financing? • What are the right financial resources? • How to ensure that expended financial resources will accomplish the objectives?

8. Prague, 26th Jan 2009 Climate Change Priorities Agreement at EU level on the financial arrangements • To negotiate a comprehensive agreement in Copenhagen it will be necessary to build a financial model which: • will provide financing for mitigation actions in developing countries; • will provide financing for adaptation to climate change in the most developing and vulnerable countries.

9. Prague, 26th Jan 2009 Climate Change Priorities • Financial flows estimates (highly variable) • UNFCCC Secretariat 2007: Mitigation • $ 200 billion per annum by 2030 • roughly equal split: developed : developing • UNFCCC Secretariat 2007: Adaptation • $ 20 - 100 billion per annum by 2030 • Heavier burden on developing countries

10. Prague, 26th Jan 2009 Climate Change Priorities • Negotiations with key global partners • China, Brazil, India, USA, Russia, South Africa • EU Ministerial Troika Outreach Activities • 5 - 7. 2. India (New Delhi Sustainable development Summit); • 18 – 19. 2. EU – Africa Ministers, EU - South Africa, • Russia, Australia, Indonesia (UNEP 25th session, Nairobi); • 11 – 13. 3. EU – China, Japan; • 17 – 19. 4. G8 Ministers of Environment; • 18 – 22. 5. EU–Brazil, Argentina, Chile; • March – April EU – USA, Canada, Mexico.

11. THANK YOU!