Mr. James Evans of the World Bank, began the second session of the final Gleneagles Dialogue meeting by explaining that since G8 Summit at Gleneagles in 2005, the percentage of energyThe ability to perform work, mainly kinetic, potential, thermal energy, but also in forms of gravitational, sound, elastic and electromagnetic energy. finance for low-carbon technologies has increased from 25%, to 40%, and is expected to rise to 45% in 2008. He said that Climate ChangeClimate change is a lasting change in weather patterns over long periods of time. It can be a natural phenomena and and has occurred on Earth even before people inhabited it. Quite different is a current situation that is also referred to as climate change, anthropogenic climate change, or ... is not just an environmental problem, but also a development issue. Mr. Alden Meyer, from The Union of Concerned Scientists, said he felt that governments should focus on implementing known technologies, which are currently available, such as renewable and energy efficiencyUsing less energy/electricity to perform the same function. Programs designed to use electricity more efficiently - doing the same with less. technologies. He echoed the findings of REEEPThe Renewable Energy & Energy Efficiency Partnership (REEEP) is a non-profit, specialist change agent aiming to catalyse the market for renewable energy and energy efficiency, with a primary focus on emerging markets and developing countries.’s Regional Policy Analysis Report for WIREC (Washington International Renewable EnergyRenewable energy is power generated from infinite sources, such as wind or solar power. Conventional energy is generated from finite sources, such as natural gas or fossil oil. Conference), by calling for a level-playing field between low-carbon powerUseful energy can be mechanical energy, for example powering a fan. generation and the current carbon intensive means, he argued that the subsidies currently paid to the exploration of oil fields need to be removed, and the money invested in alternative low-carbon fuels/forms of generation.

The delegation from Mexico explained how there needed to a financial bridge for developing countries, so that they can scale-up from the project level to national implementation.

There were calls from the delegations from Indonesia and Spain to scale-up and improve the CDM process.

Richard Samans, World Economic Forum, called for G8 countries to work in collaboration with each other, rather than bilaterally, when funding a transition to a low-carbon economyA green economy is a economy or economic development model based on sustainable development and a knowledge of ecological economics.

Paula Dobriansky, Under Secretary, US Department of State, called for a removal of tariffs on low-carbon goods. She explained that with the UK and Japan, the USA had set up the Clean Technology Fund with the World Bank. The USA had invested $2 Billion in this fund, which was designed to help countries implement regulatory frameworks that encourage the development of low-carbon regimes.

Bjorn Stigson, The World Business Council for Sustainable DevelopmentThe concept of sustainable development was introduced in the World Conservation Strategy (IUCN 1980) and had its roots in the concept of a sustainable society and in the management of renewable resources. Adopted by the WCED in 1987 and by the Rio Conference in 1992 as a process of change in ..., reminded attendees that 86% of investment for a low-carbon economy would come from the private sector, and to maximize this all governments need to understand the background to business makes investments, and show they had stable economies, with well-formulated favorable long-term policies for low-carbon technologies.

Prof. Maciej Norwicki, Minister of the Environment, Poland, closed the meeting by encouraging delegates to be well prepared for the next UNFCCCThe United Nations Framework Convention on Climate Change is an international environmental treaty that resulted from the Earth Summit in Rio in 1992. Their aim is to limit GHG emissions to levels that will not threaten the environment and livleyhoods. meeting in Poznañ, Poland, in December 2008. He said at the event there would be a special exhibition of global best practice technologies to help stimulate the debate.