Copenhagen 'the world's last chance' - Dimas
European Environment Commissioner Stavros Dimas has warned of the urgency of tackling climate change, saying that global leaders have one more chance to keep us out of the danger zone when they meet to thrash out a new international climate agreement in Copenhagen later this year.
2C° above pre-industrial levels is widely accepted as the level of warming that will lead to unmanageable levels of catastrophic climate change. Average global temperatures are currently around 0.8C° above pre-industrial levels.
"The window of opportunity for avoiding dangerous climate change is closing fast," said Mr Dimas.
"That means the Copenhagen agreement is almost certainly the world's last chance to put global emissions onto a trajectory that can keep us out of the danger zone.
"We know that failure to prevent dangerous climate change will cost far more than taking the necessary action - between 5% and a staggering 20% or more of global annual GDP in the long run, according to Lord Stern's seminal study.
"Delay will only increase the cost and decrease the chances of success."
The Commissioner acknowledged that the difficult economic climate made up-front spending on carbon reduction a bitter pill to swallow but argued that the cost of inaction would be even less palatable.
"Far from being a reason to neglect the fight against climate change the economic recession - and the stimulus measures needed to counter it - have turned out to be a golden opportunity to accelerate investment in building the low-carbon economy that is needed to bring climate change under control," he claimed.
"The European Economic Recovery Plan and the similar initiatives taken in countries such as the US, China and South Korea have been designed to boost the economy through investment in energy efficient technologies and renewable energy that will create lower-carbon growth and green jobs."
He went on to say that Europe has developed an 'ambitious yet realistic' set of proposals for the Copenhagen summit but also sees itself as an 'honest broker' in the negotiations, that would work with all the parties to reach the necessary agreements.