Let me start by congratulating His Excellency Ambassador Nassir Abdulaziz Al-Nasser on his election as President of the sixty-sixth session of the General Assembly, and assuring him that he will have the fullest cooperation of the Icelandic delegation. In recent weeks, we have witnessed the worst hunger crisis of this century in the Horn of Africa. It is a devastating reminder that fighting poverty and hunger is still the most important and challenging undertaking of our times. Our collective duty and responsibility is to help our weakest brothers and sisters. As wealthier nations, we must do better in providing relief. We must act with more speed and more generosity to help those who are deprived of the basic necessities of life — food and water. I can say, my friends, that in Iceland, we have indeed decided to do so. I am quite happy to be able to tell the Assembly today that the Icelandic Parliament has unanimously agreed to substantially increase our contribution to developing nations in the coming financial year. It has also accepted a plan to raise our aid to the goal of 0.7 per cent of our gross national income. That is our pledge, as agreed by every political party in the Icelandic Parliament. The fight against hunger and poverty is the same struggle as the one we wage to protect our planet from the ravages caused by the greed of our own species. All Members know that, next year, we will celebrate the twentieth anniversary of the bright new vision introduced at the historic Earth Summit in Rio. Over these past 20 years, deep concern for the environment has indeed moved to the forefront of the global agenda. But the Assembly also knows the sobering truth, which is that the ambitions of Rio are still a far cry from being realized. Actions are still needed. If ever there was a time to act boldly, that time is now. The key theme of Rio next year will be the “green economy”. I assure the Assembly that my country has expertise to offer that can help to fuel a green revolution. Renewable energy, marine health, the sustainable use of land and, not least, gender equality, which have always been at the core of the Icelandic foreign policy, are the four issues that we shall bring to Rio next year. What we really need is indeed a revolution, a green revolution. We need a seismic shift from fossil fuels to renewable energy. That is the only way to turn the ship. In Iceland, we have some cutting-edge technology on geothermal energy that we want to share. That splendid form of renewable energy is the most undervalued and overlooked source of cheap power in the world. Of course, geothermal is most 11-51390 4 certainly not a silver bullet, but it needs to be a part of the portfolio that we must develop to solve emissions problems. Many members know that Central and South America, East Africa and South-East Asia are home to vast areas literally brimming with geothermal potential. Icelandic know-how, coupled with outside financing, could go a long way in making those areas self- sufficient in terms of green energy. As one of the largest fishing nations, Iceland has always been deeply protective of the health of the oceans. Today, climate change threatens to place the fisheries of the world under a new strain. As we speak, the acidification of the oceans resulting from human carbon emissions is affecting the health of the marine environment. This is especially true in the Arctic and its vicinity, which is my home. As a marine biologist, I fear that, more likely sooner than later, this may affect the world’s fishing stocks, which are a vital source of protein for more than 1 billion people. This is just one more argument why we so urgently need to conclude a post-Kyoto agreement later this year on the reduction of greenhouse gases. Every day, the Arctic bears silent witness to the impact of climate change. The snow that I experienced as a child is today fast becoming a rare event for my two teenage daughters. The sad truth is that the Arctic glaciers and the Arctic sea ice are melting at a much faster rate than anyone ever anticipated. It is of course true that the disappearance of the sea ice will open up new and shorter transport routes from the Pacific to the North Atlantic via the Arctic Ocean. We most certainly will also see huge areas open up for the exploitation of oil and gas resources. This will come at a price, however. Climatic changes are forcing the peoples of the Arctic, such as our neighbours in Greenland, to change their living habits. These changes will also melt the tundra, which acts as a carbon buffer against the climate system, and thus further accelerate the warming of the planet. The already-fragile ecosystem of the Arctic will become even more brittle. Let us remember what happened in the Gulf of Mexico and let us be aware that oil breaks down very, very slowly in the extreme cold of the Arctic. We should not allow the exploitation of the Arctic without applying the strictest rules. That must be the precondition for every human move into Arctic resources. I am often asked whether a country like Iceland, which is not geographically small but has, admittedly, slightly fewer people than most, can have any say in action on issues of global concern, be it in Rio or in New York. Well, to lift a phrase from a famous statesman who spoke from this very podium a few days ago: “Yes, we can”. Twenty years ago, in 1991, we in Iceland watched a television broadcast of thousands of brave Latvians, Lithuanians and Estonians taking their destiny into their own hands. They reached out to the international community, among them the people of Iceland, and asked for help in breaking the ice that was impeding their international recognition. The great British statesman, Lord Palmerston, once made a famous statement to the effect that there is no such thing as eternal friendship between nations and that only eternal interests could determine how nations reacted towards each other. That well-known mantra is still taught today in every bad school of political science. My friends, if Palmerston’s words had prevailed, Iceland would have turned a deaf ear to the call of the freedom fighters in the Baltics. We did not. In the historic year of 1991, Iceland became the first to recognize the restored sovereignty of the Baltic States. We did that out of respect for the principles that are so vitally important to small nations: the right to choose your own destiny, to carve out your own future — the undeniable right of small nations to be independent. Principles do matter in politics. Based on the same principle that led Iceland to recognize the Baltic States in 1991, today we support the Palestinian struggle for statehood. Based on that very same principle, Iceland feels that the international community should welcome Palestine as a new Member State in the United Nations, based on the pre-1967 borders — exactly the same criteria as those laid down by the European Union, the Quartet and lately, also by President Barack Obama in his strong speech in May. I have been to Gaza. I have talked to the people: the fishermen who no longer can ply their trade, the young people who are unemployed, the families that need a roof over their head. I have also been to the West Bank. I have seen with my own eyes how the land of the Palestinians has literally been cut to pieces by horrible walls of separation. That is wrong. That is 5 11-51390 unjust. That is against every moral code that Iceland has ever stood for as a guardian of human rights. We must remember that Palestine today is really doing just the same thing as Israel did in 1947, and Iceland and so many other States at the time supported Israel’s action. Israel took its case to the United Nations and emerged with statehood. Palestine deserves the same. And I think it is hypocrisy to suggest otherwise. In the middle of the democratic revolution brought on by the fresh breeze of the Arabic Spring and inspired, not least, by women and young people, it would be foolish to deny Palestine its right to statehood. Such denial would act against reconciliation in the region. It will, perhaps, not come as any surprise to Members here, but Iceland will therefore vote “yes”, when a resolution on Palestinian statehood comes to a vote in the General Assembly. Furthermore, the Icelandic Government is determined to fully recognize Palestine and will next week submit to the Parliament of Iceland a resolution on the recognition of Palestine as a sovereign and independent State.