Declaration distinguishes emission obligations between developed and developing nations

This is a declaration by the leaders of 17 major economies, including India, met in Toyako, Japan, on 9 July 2008, committing to combat climate change and address energy security in accordance with the U.N. Framework Convention on Climate Change. The leaders agreed to work together to reach an agreed outcome at the December 2009 conference and to take immediate actions to strengthen implementation of the Convention between now and 2012.

The agreement involves the leaders of Australia, Brazil, Canada, China, the European Union, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, Russia, South Africa, the United Kingdom, and the United States. It concerns sectors including energy, trade (WTO issues), technology, forestry, and finance, and specifically addresses the needs of developing countries and the private sector.

• Commitment to reach an agreed outcome on climate change by December 2009.
• Commitment to take actions to strengthen implementation of the U.N. Framework Convention on Climate Change between now and 2012.
• Developed major economies will implement economy-wide mid-term goals to achieve absolute emission reductions.
• Developing major economies will pursue nationally appropriate mitigation actions supported by technology, financing, and capacity-building.
• Directing trade officials to advance WTO discussions relevant to climate change cooperation with urgency.
• Commitment to improve energy efficiency and promote the deployment of existing technologies, including renewables and nuclear power.
• Commitment to mobilize financial resources to support developing countries and finance cleaner technologies.

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