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Sec Clinton Cop

Sec Clinton Cop

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Hillary Clinton's Copenhagen press conference.
Hillary Clinton's Copenhagen press conference.

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Published by: Environmental Capital on Dec 17, 2009
Copyright:Attribution Non-commercial


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U.S. DEPARTMENT OF STATEOffice of the SpokesmanFor ImmediateReleaseDecember 17, 20092009/T17-1
Secretary of State Hillary Rodham ClintonAt the United Nations Framework Convention onClimate Change December 17, 2009Copenhagen, Denmark  SECRETARY CLINTON:
Thank you all for coming thismorning. I arrived in Copenhagen several hours ago.I’ve just had a briefing on the state of the negotiations.I'd like to give you a brief report on where we stand andthen make an announcement.First, let me thank Todd Stern and the terrific teamrepresenting the United States at this conference.Actually, they’ve been representing us ever since thebeginning of the Obama Administration over this pastyear.We appointed Todd Stern as our first-ever Special Envoyfor Climate Change because we understood that this isone of the most urgent global challenges of our time,and it demands a global solution. Climate changethreatens not only our environment, but our economyand our security -- this is an undeniable and unforgivingfact. 
So in addition to the robust actions that the ObamaAdministration has taken at home -- from the historicinvestment in clean energy included in the Recovery Actto the new efficiency standards for cars, trucks, andappliances -- we have pursued an unprecedented effortto engage partners around the world in the fight againstclimate change. And we produced real results. President Obama launched the Major Economies Forumon Energy and Climate which brought together keydeveloped and developing countries. He alsospearheaded an agreement, first among the G20 andthen the Asian-Pacific Economic Cooperation nations, tophase out fossil fuel subsidies.And after a year of diplomacy, we have come toCopenhagen ready to take the steps necessary toachieve a comprehensive and operational newagreement that will provide a foundation for long-term,sustainable economic growth. Our U.S. delegationincludes not just the President of the United States, butsix members of his Cabinet.We have now reached the critical juncture in thesenegotiations. I understand that the talks have beendifficult. I know that our team, along with many others,are working hard and around the clock to forge a deal.And we will continue doing all that we can do. But thetime is at hand for all countries to reach for commonground and take an historic step that we can all beproud of.  There is a way forward based on a number of coreelements: decisive national actions, an operationalaccord that internationalizes those actions, assistancefor nations that are the most vulnerable and leastprepared to meet the effects of climate change, and
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. 

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