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New HCP research: Governments worldwide should do 'fair share' to reduce global emissions

Date
26 November 2008
New HCP research: Governments worldwide should do 'fair share' to reduce global emissions

New research from the HSBC Climate Partnership sets a clear mandate for world leaders attending the UN's global climate summit at Poznan, Poland in December.

The HSBC Climate Confidence Monitor 2008 - a survey of 12,000 people across 12 countries worldwide - reveals an overwhelming 78% of respondents worldwide want their countries to take on their 'fair share' in reducing global {CO2} emissions.

The survey - conducted between September-October 2008 - also shows that, despite the current economic crisis, 43% of consumers still consider climate change a greater concern than global economic stability. And from Mexico to Malaysia, China to the US, respondents want their governments to show greater leadership and action on climate change.

Steve Howard, CEO of The Climate Group, welcomed the research: "The Climate Confidence Monitor research shows that politicians have the political will of the people behind them to come to an agreement on climate change Through The Climate Group's work under the HSBC Climate Partnership we also know that business from Beijing to New York is ready to play its part. Politicians meeting next month at the UN COP in Poland now have the support they need to seize this historic opportunity and secure a global deal on climate change."

Countries surveyed:

- Australia - Brazil - Canada - China - France - Germany - Hong Kong - India - Malaysia - Mexico - United Kingdom - United States


KEY FINDINGS:

Greater Leadership
Some 48% of individuals surveyed believe governments should play a leading role in tackling climate change - but only 25% feel that they are doing so. The survey also shows that leadership is now needed. Individual willingness to tackle climate change themselves - through lifestyle changes, contributing more time or money - is down since 2007.

Direct Action
Respondents want their governments to act directly on 'big issues'. These include: increased investment in renewable energy, halting deforestation, conserving water resources and protecting ecosystems. Consumers are less concerned with indirect activities governments are actually focused on, including developing carbon markets and taxation systems.

A 'Fair Share' in Global Emission Reductions
In a clear signal to governments participating in international negotiations toward a global deal on climate change, the vast majority of respondents worldwide responded positively to taking shared action. Over 78% of respondents want their countries to take on at least their 'fair share' of global emissions reductions. This 'fair share' would be proportionate based on current contribution to global emissions.

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