UNDERLINES the importance of complementing the shared vision for long-term cooperative action as agreed in the Cancún Agreements, including the objective of keeping the increase of global temperature below 2°C compared to the pre-industrial level, by identifying by the Durban Climate Conference a global 2050 emission reduction goal and a timeframe for global peaking; REITERATES that, to keep the 2°C objective within reach, global greenhouse gas emissions need to peak by 2020 at the latest and be reduced by at least 50% by 2050 compared to 1990 and continue to decline thereafter; REAFFIRMS the EU objective, in the context of necessary reductions according to the Intergovernmental Panel on Climate Change (IPCC) by developed countries as a group, to reduce emissions by 80-95% by 2050 compared to 1990 level as agreed in October 2009.
EMPHASISES the need to adopt the provisions on the scope of the review of the long-term global goal and overall progress towards achieving it as well as its modalities, as called for in the Cancún Agreements, at the Durban Climate Conference; in this context, also LOOKS FORWARD to the IPCC’s Fifth Assessment Report.
RECALLS the European Council conclusions of 4 February 2011, which looked forward to the elaboration of a low-carbon 2050 strategy providing the framework for the longer-term action in the energy and other related sectors, with due consideration for fixing intermediary stages towards reaching the 2050 objective.
WELCOMES the presentation by the Commission of the Roadmap for moving to a low- carbon economy in 2050; REAFFIRMS its October 2010 conclusions that the Roadmap should also inform the analysis of policy options up to 2020, including the consequences at Member State level; LOOKS FORWARD to a comprehensive discussion of the Roadmap, including the safe and sustainable cost-effective trajectory to 2050, in order to adopt conclusions at the June 2011 Council with a view to the June 2011 European Council.
WELCOMES the anchoring of the mitigation commitments and actions under both the Kyoto Protocol and the Convention; UNDERLINES the need for all Parties to implement pledged commitments and actions in full and develop low-emission development strategies or plans; STANDS READY to support developing countries in this process; UNDERLINES that, in accordance with the findings of the IPCC in its Fourth Assessment Report and more recent studies, developed countries as a group should reduce their greenhouse gas emissions by 25 to 40% below 1990 levels by 2020 while developing countries as a group should achieve a substantial deviation below the currently predicted emissions growth rate, in the order of 15 to 30% by 2020; STRESSES that a significant gap remains to be bridged between the mitigation commitments and actions put forward by Parties for 2020 and the 2° C objective as enshrined in the Cancún Agreements; UNDERLINES the need to increase the overall level of ambition in order to close the emissions gap.
WELCOMES the processes agreed in the Cancún Agreements to clarify the assumptions and the conditions related to the attainment of developed countries' mitigation commitments, as well as to understand the diversity of developing countries' mitigation actions, their underlying assumptions and support needed for the implementation of these actions; CALLS for a detailed work programme for these processes; strongly ENCOURAGES countries which have not yet done so to put forward their mitigation commitments and actions.