EU Environment Ministers meeting in Brussels on the 15 March are not planning to set out a new vision for EU leadership in post Copenhagen climate talks according to draft council conclusions reported in the ENDS Report.

The draft document reiterates Europes commitment to a unilateral 20% and conditional 30% reduction n emissions by 2020, however it also states the EU's willingness to further negotiatiate their position in the run up to the talks in Cancun, Mexico, later this year.

The draft paper would see the EU submit 'preliminary reports' during talks in a June meeting in Bonn, on the disbursment of the €7.2 billion of fast track climate aid for developing countries, for 2010-1012.

Ministers would call on the UN finance panel, set up to study the potential sources for the $100bn a year promised to developing countries from 2020, to complete its work by June. The draft suggests that carbon markets should be considered.

The political guidance in the Copenhagen accord must be integrated into the UNFCCC and Kyoto protocol negotiating tracks agreed on in December. The draft does not state that the accord could come from a third negotiating track, contradicting what certain EU Commission officials, that stated this may be so.

Monitoring, Reporting verification (MRV) guidelines for cording greenhouse emissions, a highly controversial issue in Copenhagen, should be developed by the next major UN climate conference in December, according to the document.

Adapted from ENDS Europe report 9th January 2010