The Pacific region is on the front line of climate change. Its low-lying islands risk being swamped by rising sea levels and their inhabitants forced to emigrate. In June, exceptionally high tides coupled with storm surges flooded parts of the Marshall Islands capital, Majuro. The rising waters topped the city sea walls. Some islanders were forced to evacuate their homes and a state of disaster was declared.
For the Pacific people, weather extremes are not about a distant future, they have become the new normal. Heatwaves, floods, droughts and rising oceans are the new reality of an ever-warming world. Scientists have been warning for years that we will have to deal with more severe, more changeable, more unpredictable weather.
Europe and the Pacific region must work together to fight climate change. This will be my main priority during my participation in the Pacific Islands Forum, being held early this month in the Marshall Islands.
And we have showed what our joint efforts can achieve. At the UN climate conference in Durban in 2011, Europe and the Pacific region got all countries to agree that we need a new global climate deal by 2015, as well as a process to raise the level of global ambition also in the shorter terms before 2020.
Europe will continue to assist the Pacific region in its efforts to adapt to the changing climate. Europe is the world's leading provider of climate finance and, despite severe economic constraints, we succeeded in delivering just over 7.3 billion ($12.4 billion) in "fast start" funding to the most vulnerable developing countries in 2010-2012, slightly beating our own pledge.
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Ten years after committing to phase out fossil fuel subsidies, G20 countries still subsidise coal, oil and gas to the tune of around USD 150 billion annually. Peer review of fossil fuel subsidies help push the G20 forward on this issue, but these reviews need to be followed by action. Subsidy reforms could free up resources that could be channeled back into government programmes and on accelerating a clean energy transition.
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