UN Secretary General Launches AGF Report.

NOTES-Press Conference. Will be edited and updated today.

UN Secretary General
"Challenging but possible."
"No uniform solutions."
"Public Private partnerships."
"Not about Charity / handouts. about doing the right and wisest thing."

Prime Ministers Meles Zenawi of Ethiopia

AGF task:

• Find new, innovative and additional sources of funding.
• 20-25 dollars per tonne necessary to achieve goal.
• Political will of leaders is necessary
• Cost of Development has already risen and will continue to rise if nothing is done.
• Asking for those who created the problem to partially assist to stop current trends.

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Prime Minister Jens Stoltenberg of Norway.

Key issue in on Climate Change Agreement is Climate Finance.

• Not only a question of finance but about burden sharing.
• Create climate of trust between developed and developing countries.
• Challenging but feasible $ 100 billion target /goal.
• Analysed number of potential sources and options. 
• Find compromise by scaling up existing public and private instruments.

3 main findings of the report:

1. Carbon Pricing necessary. 
2. US$20-25 per tonne of CO2 recommended. higher carbon price, greater reductions.
3. Climate friendly investments essential.

Press Questions.

Q1. Implementation:

Ans. Report measured criteria against inclusions. This showed that cardbon related measures had a double positive effect and generates revenue. The advisory reports includes small steps to be taken to reach $100 billion goal.

Q2. How to Generate Public will?

• UN Secretary General will be sending the report to all member states.
• Submit to UNFCCC for consideration in intergovernmental process.
• Active participation is necessary but it is left to member states to consider and agree.
• Encourage member states to consider and agree
• The existing gap of trust between developing and developed member states must be bridged by financial support.
• Reports target is also media, and civil society. hope they will help build political consensus within constituencies.