Brussels European Council - Presidency Conclusions, December 2009

Sectors : Aid volume, Forced displacement, Labour migration, Economic governance and public finance management, Transparency and accountability, Sustainable development, Mitigation and low carbon growth, Adaptation, Climate change financing
Organisation : EU
Date made: 
2009

Commitments in: Financing for Development - Aid volume

“VI. External relations Development

40. The European Council recognises the continued impact of the economic crisis on the poorest, reaffirms its Official Development Assistance commitments and will return to the issue at its meeting in June 2010 in advance of the UN Summit.”
 

Scope: 
International

Commitments in: Migration - Labour migration

“III. The Stockholm Programme - An open and secure Europe serving and protecting the Citizens

...30. Access to Europe in a globalised world: Access to Europe for persons recognized as having a legitimate interest to access EU territory has to be made more effective and efficient. At the same time, the Union and its Member States have to guarantee security for its citizens. Integrated border management and visa policies should be construed to serve these goals.

31. A Europe of responsibility, solidarity and partnership in migration and asylum matters: The development of a forward-looking and comprehensive European migration policy, based on solidarity and responsibility, remains a key policy objective for the European Union. Effective implementation of all relevant legal instruments needs to be undertaken and full use should be made of relevant Agencies and Offices operating in this field. Well-managed migration can be beneficial to all stakeholders. The European Pact on Immigration and Asylum provides a clear basis for further development in this field. Europe will need a flexible policy which is responsive to the priorities and needs of Member States and enables migrants to take full advantage of their potential. The objective to establish a common asylum system in 2012 remains and people in need of protection must be ensured access to legally safe and efficient asylum procedures. Moreover, in order to maintain credible and sustainable immigration and asylum systems in the EU, it is necessary to prevent, control and combat illegal migration as the EU faces an increasing pressure from illegal migration flows and particularly the Member States at its external borders, including at its Southern borders, in line with the conclusions of the European Council in October 2009.”
 

Scope: 
International

Commitments in: Governance - Economic governance and public finance management

“II. The economic, financial and employment situation

...Financial markets, including supervision...

...13. The European Council welcomes the general approach reached by the Council on a complete package for a new supervisory framework in the European Union. A new European Systemic Risk Board will provide the European Union with a system for monitoring macro-prudential risks and issuing risk warnings and recommendations for remedial action when such risks are significant. The three new supervisory authorities for banks, insurance and securities markets will develop common technical standards, will have a strong co-ordinating role in supervisory colleges, be able to act effectively in case of financial emergencies, and ensure the consistent application of EU law inter alia through binding mediation. The European Council looks forward to negotiations with the European Parliament with a view to a swift adoption, so that the new system can become operational during the course of 2010.

14. The adoption by the Council of a general approach regarding amendments to the Capital Requirements Directive is a further step towards strengthening financial regulation in the light of the financial crisis. It enhances the capital requirements for certain banking activities and introduces clear and binding rules on remuneration consistent with those endorsed by G 20 leaders...

...15. ... In line with the European Council conclusions of October 2009, it calls on the Council and the Commission to identify the key principles which new global arrangements would need to respect.

16. The European Council also stresses the need to accelerate work on the draft Directive on alternative investment fund managers, which should also address the issue of appropriate remuneration policies. It welcomes the Commission's intention to present legislative proposals in 2010 to improve the stability and transparency of derivative markets.”

Scope: 
International

Commitments in: Environment - Sustainable development

“Sustainable Development Strategy

22. A number of unsustainable trends require urgent action. Significant additional efforts are needed to curb and adapt to climate change, to decrease high energy consumption in the transport sector and to reverse the current loss of biodiversity and natural resources. The shift to a safe and sustainable low-carbon and low-input economy will require a stronger focus in the future. Priority actions should be more clearly specified in future reviews. Governance, including implementation, monitoring and follow-up mechanisms should be reinforced for example through clearer links to the future EU 2020 strategy and other cross-cutting strategies.”
 

Scope: 
International

Commitments in: Climate Change - Climate change financing

“IV. The Copenhagen Conference on climate change

...37. The Copenhagen Agreement should include provisions on immediate action, starting in 2010. The European Council acknowledges that this requires scaled up financial support. Fast-start international public support should imply specific and separate support for adaptation, mitigation, including forestry and capacity building, with a special emphasis on vulnerable and least developed countries. The EU calls on developed countries to announce their contributions to such support, in line with the October European Council conclusions. The EU is confident that a global amount of EUR 7 billion annually will be reached. The EU and its Member States are ready to contribute with fast-start funding of EUR 2.4 billion annually for the years 2010 to 2012.

38. In addition, the European Council recognises the need for a significant increase in public and private financial flows to 2020 and reiterates its conclusions of October 2009. In that context the European Council reconfirms its commitment to provide its fair share of international public support.”

Scope: 
International

Commitments in: Climate Change - Mitigation and low carbon growth

“IV. The Copenhagen Conference on climate change

34. ...The European Council recalls the negotiating position that it adopted on 30 October 2009. All Parties must devote themselves fully to reaching a global, comprehensive, ambitious and politically binding Copenhagen Agreement that will cover all building blocks of the Bali Action Plan and builds on the essential elements of the Kyoto Protocol. A prerequisite for a Copenhagen Agreement is that it uses commonly agreed, transparent, international standards for measurement, reporting and verification, thus ensuring transparency and compliance of commitments, actions and support. In this context, the European Union will support efforts towards enhancing international environmental governance. The agreement should lead to finalising a legally binding instrument, preferably within six months after the Copenhagen Conference, for the period starting on 1 January 2013.”
 

Scope: 
International

“IV. The Copenhagen Conference on climate change

...35. The European Council welcomes in this context the recent pledges for emission reductions from a number of countries. Our common objective must be to stay below the science-based two degree limit for global warming. Some Parties have not yet presented offers corresponding to this objective. The European Council urges developed countries to do so without further delay and developing countries, especially the more advanced, to commit to appropriate mitigation action.

36. ...As part of a global and comprehensive agreement for the period beyond 2012, the EU reiterates its conditional offer to move to a 30% reduction by 2020 compared to 1990 levels, provided that other developed countries commit themselves to comparable emission reductions and that developing countries contribute adequately according to their responsibilities and respective capabilities.”
 

Scope: 
International