standards of transparency that provide credibility to theentire process. The world community should accept noless. And the United States is ready to embrace this path.First, we have announced our intention to cut ouremissions in the range of 17 percent below 2005 levelsin 2020 and ultimately in line with final climate andenergy legislation. In light of the President’s goals, theexpected pathway in pending legislation would extendthose cuts to 30 percent by 2025, 42 percent by 2030,and more than 80 percent by 2050.Second, we also recognize that an agreement mustprovide generous financial and technological support fordeveloping countries, particularly the poorest and mostvulnerable, to help them reduce emissions and adapt toclimate change. That’s why we joined an effort tomobilize fast-start funding that will ramp up to $10billion in 2012 to support the adaptation and mitigationefforts of countries in need.And today I’d like to announce that, in the context of astrong accord in which all major economies stand behindmeaningful mitigation actions and provide fulltransparency as to their implementation, the UnitedStates is prepared to work with other countries toward agoal of jointly mobilizing $100 billion a year by 2020 toaddress the climate change needs of developingcountries. We expect this funding will come from a widevariety of sources, public and private, bilateral andmultilateral, including alternative sources of finance. This will include a significant focus on forestry andadaptation, particularly, again I repeat, for the poorestand most vulnerable among us.