Climate and energy policy: more credible targets needed

Stephen Calleya
The Copenhagen conference in December 2009 has been regarded as a failure due to the fact that it did not succeed in producing a binding agreement. The conference also provided unique insight into the limits of the European Union’s influence in this sector as a result of American and Chinese dominance during the negotiating stages of the conference.
It appears that the EU needs to adopt a higher profile and more credible targets when it comes to its energy and climate policy if it wants to become more influential on the international stage. The Copenhagen conference clearly highlighted the weak position that the EU possesses in the climate change debate. If the EU is to regain the initiative, it must adopt more coherent and consistent policies in both areas.
A global agreement within the United Nation Framework Convention on Climate Change (UNFCCC) is the most effective policy framework to pursue, as it would ensure the most comprehensive approach possible to addressing such a global phenomenon.
Malta fully supports financing such efforts in developing countries, as long as such measures are seriously monitored.