In December 2015, world leaders will gather in Paris to consider a legally binding, global climate change agreement – with emission reduction commitments from all countries – for the first time ever.
Agreement in Paris 2015 could create the vital framework the world needs to keep the global goal of limiting average global temperature increases to below 2°C within reach, and avoid the worst impacts of climate change.
Ed Davey, British Energy Minister, commented yesterday: “This will require courage, determination and ingenuity to deliver, building on years of hard work. It is not just governments around the world who want an agreement; there is widespread support from businesses, NGOs and campaign groups, many have contributed to this publication.
“A global climate agreement is unquestionably in the UK’s and the entire global community’s interests and the prospects of securing a successful agreement next year have never been better. Our Paris 2015 policy paper – Securing Prosperity through a Global Climate Change Agreement’ – explains why.”
For the CBI, Katja Hall, Deputy Director-General, commented: “Tackling climate change and driving growth can go hand in hand, and getting a global deal next year will be crucial to giving businesses certainty, enabling them to compete on an equal footing and spurring innovation.
“This report is an important line in the sand from the Government, and it is absolutely critical that it continues to work with international partners to keep the momentum going all the way to Paris.”
Meanwhile, a new report commissioned by WWF- “The Economics of Climate Change Policy in the UK” – shows that meeting the first four carbon budgets recommended by the UK Committee on Climate Change, requiring a cut in emissions of around 60% by 2030 compared to 1990 levels, makes clear economic sense for the UK, with net increases in GDP, levels of employment and average household income.
It was written by Cambridge Econometrics in collaboration with Professor Paul Ekins of University College London.
RenewableUK’s Director of Policy, Dr Gordon Edge, commented: “The economic benefits of investing in wind, wave and tidal energy are indisputable – more than 34,000 people already work in these sectors in the UK, in direct and indirect full-time jobs – and our studies show that this could rise to just over 100,000 by 2023 with the right level of Government support.
“As this new report notes, one of the key factors which will determine whether UK plc reaps these rewards to the full is the pressing need for MPs to think long-term and introduce policies which chart a course up to 2030 and beyond to attract vital investment.”