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PM Howard talks up results: APEC’s ‘Sydney declaration’ joins China and US in GHG cuts; 25pc cut in energy intensity in APEC area by 2030

Posted by gmarkets on 18 September, 2007

The APEC meeting in Sydney was a great success, especially given that it joined China and the US in greenhouse gas-reduction commitments, said Prime Minister John Howard in Federal Parliament (11/9/2007).

Sydney declaration: “By far the most important statement to come out of the APEC meeting was the Sydney declaration, which, for the first time, joined China and the United States – the two major emitters of greenhouse gases – in a commitment to work towards an aspirational goal to contain the growth of greenhouse gas emissions.

Specific commitment: “It also contained a quite specific commitment to a 25 per cent decrease in energy intensity within the APEC area by 2030 and a 20-million-hectare increase in forest cover by 2020. The APEC meeting also called on those nations who can make the biggest difference to work towards a successful outcome to the Doha Round and stressed the importance of reaching agreement on that multilateral trade approach. There were also some key decisions made regarding the institutional arrangements within APEC, including a policy support unit and increased budgetary contributions,” Howard added.

Reference: John Howard, Prime Minister, Member for Bennelong, Liberal Party leader, House of Representatives, Commonwealth, 11 September 2007

Erisk Net, 11/9/2007


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