The world’s best scientific minds agree that climate change is already happening; human activity is causing it; and the time to combat it is now.
In Copenhagen this month, we have a unique opportunity to reach a deal on climate change that both developed and developing countries can accept. If we can agree to global emissions reductions, support the development and deployment of new technologies, and commit to financing mitigation efforts in developing countries, we can temper the effects of climate change.
However, failure to reach a comprehensive agreement in Copenhagen will only make our task harder. According to Lord Stern’s report, prepared for the UK government but widely accepted internationally, climate inaction will cost between 5 percent and 20 percent of global annual GDP.
Learn about the EU’s goals at the Copenhagen negotiations, as well as the action that the EU is already taking to battle climate change, in the current issue of EU Insight.