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Below: Annual CO2 Emissions ReductionsBottom: Abeeolica- Vale dos VentosChina is now the global leader in cumulative installed capacity and has led the annual market for the last three years. It was India, however, that saw the greatest volume growth in 2011, and now stands at number five in the global league table, behind China, the US, Germany and Spain.In fact, most of the major growth markets are outside of the OECD. Brazil is leading the way in Latin America, with more than 1.5GW installed and a pipeline of an addition 7,000 MW out to 2015, and Mexico is not far behind. Chile, Uruguay, Costa Rica, Honduras and Argentina among others in the region, are starting to choose wind power as a way to meet the needs of a growing economy while increasing their energy independence. In sub-Saharan Africa, Ethiopia, Tanzania, Kenya and now South Africa are building new plant, joining Egypt, Morocco and Tunisia in leading wind power development on the African continent.But in order for wind power to reach its full potential, governments need to act. That is why GWEC and its members are active all over the world, educating local and national governments and international agencies about the benefits of wind power. Working with the UNFCCC, the IEA, 056 renewable energy

" commercial wind power is now deployed in more than 75 countries around the world"international financial institutions, the IPCC and now the new International Renewable Energy Agency (IRENA), GWEC represents the global wind industry to show how far we've come, but also to advocate new policies to help wind power reach its full potential in as wide a variety of markets as possible.In the climate context, wind power benefited significantly from the Kyoto Protocol's market mechanisms: particularly the Clean Development Mechanism, and particularly in China and India, but also to a lesser extent in Brazil, Mexico, Egypt and Morocco among others. But uncertainly now shrouds the future of the CDM, even if it seems that the Kyoto Protocol will survive in some form, the once-burgeoning carbon market has now flagged, awaiting new political stimulus. In the years preceding Copenhagen, we worked hard with a variety of partners to improve and enhance the effectiveness of the carbon market to stimulate investment in wind and other clean energy technologies, waiting for a sign from governments. We had hoped for that sign in Copenhagen, in Cancun, and then again in Durban; and while there was a breakthrough of sorts in Durban, by and large we are still waiting. Governments regularly pay lip service to the fact that it is the private sector that is going to have to supply the majority of the finance necessary to meet our climate protection goals, and this fact is all the more clear as budgets are slashed across the OECD and economies teeter on the brink of insolvency. But when they get together to negotiate on climate, they tend to focus primarily on what they as governments can do on their own, rather than what they as governments should do to create the legal framework and enabling environment to drive private investment towards clean energy technologies such as wind power and some of the other rapidly maturing members of the renewable energy family. The Kyoto Protocol's carbon market, though far from perfect, was a good start, and was beginning to show significant promise. Until and unless someone comes up with something better, we would urge negotiators to build on and improve what has worked to date, which in the end must be driven by legally binding emissions reduction obligations. This is, after all, what the climate needs to stabilise at anything like the 2°C target which has now been universally adopted. We have the technology to decarbonise the electricity sector by 2050, and with the right policy frameworks, the finance is available from the private sector and national, regional and multilateral financial institutions. If governments could get that right, then they could get down to the really difficult business of solving the (unfortunately) many other pieces of the climate problem which does, in fact, require their direct intervention. nABOUT THE AUTHORSteve Sawyer, Secretary-General of GWEC, has worked in the energy and environment field since 1978, with a particular focus on climate change and renewable energy. Mr Sawyer spent 30 years working for Greenpeace as CEO of both Greenpeace USA and Greenpeace International and served as Head of Delegation to Kyoto Protocol negotiations on climate change. Mr Sawyer is a founding member of REN21 and was also an expert reviewer for the IPCC's Working Group 3.Right: Pie Chart showing the Top 10 New Installed Capacity Jan-Dec 2011renewable energy 057