Pomona Campus Climate Challenge

GOVERNMENT RESPONSE

Create a global market for carbon pricing
Extend the European Emissions Trading Scheme (EETS) globally, bringing in countries such as the US, India and China
Set new target for EETS to reduce carbon emissions by 30% by 2020 and 60% by 2050
Pass a bill to enshrine carbon reduction targets and create a new independent body to monitor progress
Create a new commission to spearhead British company investment in green technology, with the aim of creating 100,000 new jobs
Former US vice-president Al Gore will advise the government on the issue
Work with the World Bank and other financial institutions to create a $20bn fund to help poor countries adjust to climate change challenges
Work with Brazil, Papua New Guinea and Costa Rica to promote sustainable forestry and prevent deforestation