Cancún, 11 December 2010
European Union welcomes Cancún Agreement as important step towards global framework for climate action
The European Union welcomes the positive results of the Cancún climate conference. The balanced and substantive package of decisions adopted today, known as the Cancún Agreement, represents an important further step on the road to building a comprehensive and legally binding framework for climate action for the period after 2012.
Connie Hedegaard, European Commissioner for Climate Action, said: "The EU came to Cancun to get a substantial package of action-oriented decisions and keep the international climate change negotiations on track. We have helped to deliver the successful outcome the world expected and needed. But the two weeks in Cancún have shown once again how slow and difficult the process is. Everyone needs to be aware that we still have a long and challenging journey ahead of us to reach the goal of a legally binding global climate framework".
Joke Schauvliege, Flemish Minister for Environment, Nature and Culture, who represents the Belgian presidency of the Council of the European Union at Cancún, said: "The EU has worked tirelessly to be a bridge-builder in Cancún while also advancing its positions. The EU has reported transparently on the progress it has made in mobilising the 7.2 billion euros of fast-start funding it has pledged over 2010-2012 and we will continue to do so on an annual basis. We congratulate the Mexican Presidency on conducting an exemplary conference."
The Cancún Agreement builds on the decisions taken a year ago in Copenhagen and also sets out processes for making further progress in the future. It represents a well balanced compromise between different interests within the United Nations system. Key elements of the package include: