Topics of the three working sessions

1. Technologies

At the Gleneagles Dialogue in Berlin it became evident that both climate protection technologies and the necessary financing are widely available. Mobilising investment and technologies through provisions and structures at international, national and local level is vital for solving the world's climate and energy problems. The expansion of the international carbon market, which was shaped by the Kyoto mechanisms and the European emissions trading scheme, will further advance investments in climate-friendly technologies. This includes a joint long-term climate protection target, ambitious reduction commitments for all industrialised countries and appropriate contributions from newly industrialising countries in particular.

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2. Investments

The climate-friendly transformation of our energy systems and measures to counter climate change have to be financed. Therefore, it is especially important to mobilise both the public and private financial sectors and promote investment in sustainable energy technologies.

According to a current UN study, the private sector will play a decisive role in investments, with a share of well over 80%. The need for investment is great - but it is not merely a cost factor, it is also an opportunity. The market for technologies in renewable energies and energy efficiency is a growing lead market worldwide. Tapping into this market pays off, especially for private investors. For this reason, dismantling obstacles to investment, creating incentives for national and international investments in climate protection and structuring the various financing instruments accordingly was the second issue addressed at the Gleneagles meeting.

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Framework for Clean Energy Investment – Fortschrittsberichte der multilateralen Entwicklungsbanken:

3. International framework conditions

The global problem of climate change cannot be solved without the rapid further development of international agreements. At the Gleneagles meeting it became clear that in order to further develop the international climate protection architecture under the Framework Convention on Climate Change and the Kyoto Protocol, activities must be intensified in four key areas: reduction of greenhouse gas emissions, adaptation to the consequences of climate change, technology cooperation and financing. These areas will play a key role in the negotiation of an international follow-up regulation post-2012, when the first commitment period under the Kyoto Protocol expires.

For progress in the international climate protection process it is crucial to build trust in the relationship between industrialised and developing countries. A future climate protection agreement will only be acceptable to all countries if they perceive it as a fair balance of interests. The Gleneagles Dialogue can provide an important basis for achieving this.

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