COUNCIL OF THE EUROPEAN UNION
Council conclusions Follow-up to the Cancún Conference
3075th ENVIRONMENT Council meeting Brussels, 14 March 2011
The Council adopted the following conclusions:
"The Council of the European Union
strongly WELCOMES the positive and forward-looking outcomes of the Cancún Climate Conference ("Cancún Agreements"), which pave the way for immediate and concrete actions on the ground, provide a solid basis for further development and implementation of the agreed institutional architecture in the course of 2011 and lay the foundation for a global and comprehensive legally-binding post-2012 framework.
UNDERLINES that the Cancún Agreements reaffirm the strength of the UNFCCC multilateral process as a means of finding global solutions to global problems; RECOGNIZES that significant challenges lie ahead and URGES all Parties to build on the positive momentum to help address the remaining central issues at the Durban Climate Conference.
CALLS on all Parties to move to fully implement all elements of the Cancún Agreements.
STRESSES the urgent need to see balanced progress and robust outcomes under both the Kyoto Protocol and Convention tracks by the end of this year with a view to avoiding a gap after the first commitment period and to continue to strengthen the implementation of climate policies; CONFIRMS its willingness to consider a second commitment period under the Kyoto Protocol, as part of a wider outcome including the perspective of the global and comprehensive framework engaging all major economies, while reiterating, in this regard, its preference for a single legally binding instrument that would include the essential elements of the Kyoto Protocol, reflecting the ambition and effectiveness of international action and responding to the urgent need for environmental integrity; in this context, progress on the reform of existing market mechanisms and the establishment of new sectoral or other scaled- up market mechanisms should be achieved; RESOLVES to continue to reflect on the issue in the light of the progress made through the Cancún Agreements towards the fulfilment of some of these conditions and the work pursued in the course of 2011.
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