French President Francois Hollande welcomed that the G7 has taken “ambitious and realistic commitments” in the fight against global warming for the Paris Conference in December.
French President Francois Hollande welcomed on Monday that the G7 has taken “ambitious and realistic commitments” in the fight against global warming for the Paris Conference in December.
“All interventions today have achieved the goals I wanted to place in the G7,” Mr Hollande said at his press conference after the summit at Elmau Castle in Bavaria (south from Germany).
Together with German Chancellor Angela Merkel, host of the summit, Hollande urged strong commitments to the “climate” component of the G7 communiqué.
The French President particularly stressed that several priorities included in the final declaration, in particular a 40 to 70% of carbon emissions by 2050 “with the desire to be at the high end,” which is, according him “a strong message”
Regarding the funding of pro-climate initiatives, “there is not only the guarantee that there will be $ 100 billion for the energy transition” each year from 2020 but also that these resources “precisely targeted” .
“There is conversations, engagements, funding and mobilization worldwide. We do not have the right to fail, we must be successful at the rendezvous, ” he said about the Paris Conference.
This should establish a binding roadmap for the international community to limit global warming to two degrees compared to pre-industrial era, a goal which was agreed in the final communiqué of the summit.
The G7 includes the United States, Canada, Japan, France, Germany, the UK and Italy.