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Published byLesley Allison Modified over 8 years ago
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Meeting the challenges of climate change 13 October 2009
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Copenhagen > Copenhagen only 54 days away > Must agree to an ambitious 2 degree deal > Must demonstrate the right policies to implement a global deal and show leadership on moving to low carbon
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The EU’s role > EU is a global leader on climate change > Need to keep EU at the forefront and firmly on the path to a low carbon economy > Leading by example with diplomatic campaign
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October Council Last opportunity to agree EU position: > €100 billion annually by 2020 > Global key: 50% emissions, 50% GDP > Participation by all except LDCs > Finance should be adequate, predictable and timely > Effective, fair governance
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A low carbon world > Cost of action far less than inaction: climate change presents opportunities > HSBC: revenues in the low carbon sector worth $530 billion, more than global aerospace or defence industry > Low carbon and environmental industry worth £3 trillion a year - and growing
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Climate change in the UK > Since 1990, UK economy grown by 48% and emissions fallen by 20% > UK low carbon industry worth £106 billion and employs 880,000 people, and has grown during downturn > The Climate Change Act, which provides a clear signal of a commitment to low carbon transition
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http://www.actoncopenhagen.decc.gov.uk
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