Environment Canada

Environment Canada

September 21, 2010 12:02 ET

Minister Prentice Discusses Energy and Climate With Major Economies

NEW YORK CITY, NEW YORK--(Marketwire - Sept. 21, 2010) - Canada's Environment Minister, the Honourable Jim Prentice, today issued the following statement following his participation in the Major Economies Forum on Climate and Energy (MEF) in New York:

"I am pleased with the progress that MEF Ministers made in New York, and I look forward to continuing to work with all of our international partners.

"Canada remains fully committed to the international effort to negotiate a comprehensive, legally-binding post-2012 climate change agreement that is fair, effective, and comprehensive. The MEF is a key component of this international effort and is an excellent opportunity for major economies to discuss how we will work together to implement the Copenhagen Accord and to complete negotiations under the UN Climate Convention.

"As inscribed in the Copenhagen Accord, Canada has set an ambitious target to reduce greenhouse gas emissions of 17 per cent below 2005 levels by 2020, a target which reflects the importance of aligning with the United States.

"The Government of Canada also announced in June that Canada will invest $400 million in fast-start financing to support projects in three key areas: assisting the poorest and most vulnerable developing countries adapt to climate change; supporting the development and deployment of clean energy investment and technology; and reducing emissions from deforestation and enhancing sustainable agriculture.

"I emphasized that Canada has considerable expertise in these key priority areas and will continue to demonstrate leadership to the global community."

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