HISTORIC PRESS RELEASE : Copenhagen climate negotiations continue [December 2009]

The press release issued by 10 Downing Street on 18 December 2009.

The Prime Minister said the conditions that would make a climate financing agreement possible were now in place, following a long day of discussions in Copenhagen.

Negotiations continued early into the morning as Gordon Brown and other leaders worked to secure a deal that would limit global temperature rises to two degrees.

The United Nations Climate Conference in Copenhagen continues today, with US President Barack Obama joining the discussions.

Yesterday, Secretary of State Hillary Clinton announced that the United States would play its part in a $100 billion dollar-a-year climate financing agreement for developing countries, by 2020.

The PM said:

“We have now got to the position where it is possible that we will get agreement tomorrow on the $10 billion plan to 2012 and the $100 billion, public and private, including the carbon market and international finance.

“We have also made progress in other areas and I believe that the conditions for an agreement are now there.”