Rio+20 : Luxembourg represented by H.R.H. Grand Duke Henri
H.R.H. Grand Duke Henri headed the Luxembourg delegation to the United Nations Conference on Sustainable Development, « Rio+20 », held in Rio de Janeiro, Brazil, from 20 to 22 June 2012.
In his statement, H.R.H. Grand Duke Henri recalled that for Luxembourg, sustainable development and poverty eradication are overarching and inseparable objectives. In 1992, at the first Rio Conference, Jacques Santer, then Prime Minister of Luxembourg announced that Luxembourg’s Official Development Assistance would reach 0.7% of Gross National Income by the year 2000. This commitment was respected in due time and even surpassed. Indeed, since 2009, Luxembourg has crossed the threshold of allocating 1% of its income to ODA.
H.R.H. Grand Duke Henri underlined that Official Development Assistance is not the only instrument in Luxembourg’s toolbox for cooperating with its partners in the field of sustainable development. It is important for Luxembourg to ensure additionnality of climate change financing on top of its ODA. Luxembourg has thus decided that its Climate and Energy Fund, which was initially set up to finance domestic measures and the Kyoto mechanisms, could also serve to assist developing countries in putting into place measures for climate change adaptation and mitigation of the effects of climate change. This fund is replenished by a tax on fossil fuels.
The Minister Delegate for Sustainable Development and Infrastructure of Luxembourg, Mr. Marco Schank spoke at the high level round table on the implementation of the expected outcomes of the Rio+20 Conference. He raised the fact that the time of abundant and cheap resources is over, and that we have to set ambitious targets in key areas for sustainable development such as energy, water, soils and ecosystems, oceans and sustainable consumption and production.
Minister Schank also intervened at the high level side event organized by Nepal on the theme “Least Developed Countries (LDCs) and Rio+20”. He underscored Luxembourg’s steadfast commitment to the LDCs, who benefit from a substantial part of its ODA.