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" "CANADA ISPROUD TO ALREADY HAVEONE OF THE CLEANESTELECTRICITY SYSTEMS IN THE WORLD, WITH THREE-QUARTERS OF OUR ELECTRICITYSUPPLY EMITTINGNO GREENHOUSEGASES014G8 MEMBER COUNTRIESemerging economies such as China, India and Mexico.Canada also continues to support the G8 partners' goal of reducing global emissions by at least 50 percent by 2050, as well as the goal of developedcountries reducing emissions of greenhouse gases in aggregate by 80 per cent or more by 2050. Canadais committed to achieving this target by taking actions that are comparable to those of otherindustrialised countries.Together with other industrialised countries, Canadawill provide funding to help vulnerable countriesreduce emissions and adapt to climate change. TheAccord provides for significant international financing,including a collective commitment by developedcountries to provide new and additional resourcesapproaching C$30 billion for the 2010 to 2012period, with adaptation funding focused on the most vulnerable. The Accord also seeks to establish the CopenhagenGreen Climate Fund, as part of a joint effort to mobiliseUS$100 billion per year by 2020 in public and privateinvestments to address the adaptation and mitigationneeds of developing countries. Photo: Jason Ranson

Canada recently announced that we are increasing ourcontribution to the Global Environment Facility andover 50 per cent of this will be spent helpingdeveloping countries in their efforts to address climatechange through both mitigation and adaptation. Canada will deliver its share of these commitments,and in particular will continue to invest in research,development and demonstration of transformationalclean energy technologies, such as carbon capture andstorage, with a view to accelerating the globaldeployment of such technologies. On the home front, Canada continues to take domesticaction on climate change. We support an approach toclimate change that achieves real environmental andeconomic benefits for all Canadians.Canada has consistently emphasised the importanceof harmonising our approach to climate change withthat of the United States as a means of maximisingprogress on reducing greenhouse gas emissions whilemaintaining economic competitiveness and prosperity. As part of this approach, Canada has released proposed Passenger Automobileand Light Truck Greenhouse Gas Emission Regulationsas part of our continual commitment to reducinggreenhouse gas emissions. I believe that any significant strategy to addressgreenhouse gases and pollution must take seriousaction to address on-road emissions, and that isexactly what we are doing.These tough new regulations align with the mandatorynational standards of the United States, beginningwith the 2011 model year, and will provide certainty tothe industry while ensuring significant technologicalimprovements to vehicles in the future to reduceemissions. We are also committed to reducinggreenhouse gas emissions from heavy-duty vehicles.We are supporting our domestic climate change G8 MEMBER COUNTRIES015Above:Muskoka, wherethe 2010 G8 Summit willbe held, is one ofCanada's mostpicturesque regionsLeft: Jim Prentice (left)and Canadian PrimeMinister Stephen Harperat the UN ClimateChange Conference inCopenhagen lastDecemberefforts through Canada's Economic Action Plan, ourgovernment's plan to take Canada through the globaleconomic crisis and secure our economic future. ThePlan invests billions of dollars through the GreenInfrastructure Fund and the Clean Energy Fund insupport of green energy generation and clean energyresearch, development and demonstration projects,including carbon capture and storage. Canada has also provided new investments to supporta cleaner, more sustainable environment to reinforceour strategy of transforming Canada into the world'sleading source of reliable, responsible energy. Canada is proud to already have one of the cleanestelectricity systems in the world, with three-quarters ofour electricity supply emitting no greenhouse gases.Now we are actively building on this to fulfill ourpotential as a world leader in clean energy generationand a clean energy super power.Canada has also been working with the United Statesthrough the Clean Energy Dialogue, and is an activeparticipant at the North American Leaders' Summit. The Clean Energy Dialogue has led to enhancedcollaboration on the development of clean energyscience and technology to reduce greenhouse gasesand combat climate change, including building a moreefficient electricity grid based on clean and renewableenergy and the development and deployment of cleanenergy technologies.Building on the momentum of last year's climateconference in Copenhagen and the CopenhagenAccord, Canada continues to focus on thedevelopment of a fair and effective internationalclimate change agreement which includescommitments from all major economies that balances environmental protection and economicprosperity while maintaining a long-term focus,support for the development and deployment of cleantechnologies, and support for constructive andambitious global action. nTHE 2010 G8 SUMMIT On 1 January 2010 Canada assumed the 2010 G8Presidency and will host this year's G8 summit onJune 25-26 at the Deerhurst Resort in Huntsville,Muskoka. It will be the 36th G8 summit and the fifthG8 summit hosted by Canada since the countryjoined the group (then the G6) in 1976.The members of the Group of Eight (G8) are theworld's major advanced economies: Canada, France,Germany, Italy, Japan, Russia, the United Kingdomand the United States. The G8 has helped to addressmany global challenges in such areas as health,environment, peace, security and education.Photo: The Department of Foreign Affairs and International Trade, Canada