BEIJING, Oct. 23 (Xinhua) -- Danish Prime Minister Anders Fogh Rasmussen said here on Thursday that five crucial elements would be needed for a new climate change agreement expected to be reached at the Copenhagen conference next year.
The first would be a long-term vision for reducing global greenhouse gas emissions by 50 percent in 2050 from the 1990 baseline, Rasmussen said at the first Chinese-Danish Climate Change Conference that opened here on Thursday.
The upcoming Conference of Parties (COP15) of the U.N. Framework Convention on Climate Change (UNFCCC) in Copenhagen is regarded as the final opportunity to reach a new agreement before the Kyoto Protocol expires.
All industrialized countries will have to commit to an ambitious medium-term goal, the second element, according to Rasmussen.
"Without clear commitments to reductions from the industrialized countries in a 10 to 15 year perspective, it will be difficult to achieve cost effective measures."
All countries should encourage and support innovation and disseminate low carbon technology to sustain economic development while assuring reduction in emissions with global collaborative effort, he said.
The new climate accord will have to address the special needs of the most vulnerable developing countries who have contributed the least to global warming, but suffer the consequences the hardest, according to Rasmussen.
He urged all countries to generate necessary finance to sustain both dissemination of green technology and adaptation efforts, the fifth element.
"As host of COP15, our task is to balance these five elements in a global deal in Copenhagen."
The one-day conference was co-hosted by the Chinese National Development and Reform Commission and the Danish Embassy in China.
During the conference, Rasmussen also expressed his appreciation for China's positive contributions to combating climate change.
"China's engagement in the climate change agenda is absolutely crucial," he said, expressing his hope all major economies should embrace energy saving and energy-efficient technologies to take the necessary steps towards a low carbon future.
The Bonn-based UNFCCC is an international environmental treaty produced at the United Nations Conference on Environment and Development (UNCED), informally known as the Earth Summit. The treaty aims at reducing greenhouse gas emissions to combat global warming.