Asian, European leaders discuss climate change at ASEM summit

Other News Materials 25 October 2008 09:03 (UTC +04:00)

Asian and European leaders began a second day of talks on Saturday with a focus on measures to fight climate change by reducing greenhouse gas emissions, dpa reported.

The 16 Asian and 27 European leaders at the Asia-Europe Meeting (ASEM) planned to call for new climate change goals through 2012 to be agreed by the end of next year, according to a draft summit statement.

"Leaders welcomed the substantial progress made at the climate change conference in Bali, Indonesia, in December 2007," said the draft "chair's statement" from the biannual ASEM, which opened Friday.

"They confirmed their commitment to securing an ambitious, effective and comprehensive agreed outcome now, up to and beyond 2012, by the end of 2009 on the basis of the Bali road map," said the draft.

Officials said earlier that the European Union would push in Beijing for "the maximum commitment" from Asia on signing up to a post-Kyoto Protocol deal on climate change at December 2009 talks in Copenhagen.

The Asian and European Union leaders issued a joint statement late Friday committing them to comprehensive reform of global financial systems.

They urged the international community to "continue to strengthen coordination and cooperation and take effective and available economic and financial measures in a comprehensive way to restore market confidence, stabilize global financial markets and promote global economic growth."