After rereading Friar Laurence's speech and analyzing his motivations, we can answer in the following manner:
Friar Laurence has two purposes with his speech. First, he wishes to reveal the true reasons behind Romeo and Juliet's death. Second, he wishes to reveal his own guilt and participation in their deaths and to ask for forgiveness.
Friar Laurence is a character who helps Romeo and Juliet throughout the play. He even marries the two of them, although being aware of the fact that they belong to rival families.
With his speech toward the end of the play, the friar tells the truth behind their deaths. He reveals that Romeo and Juliet loved each other and wanted to be together and away from their families.
He also reveals his own involvement. He gave Juliet the potion that made her look dead when she was in fact alive. He also wrote Romeo the letter that arrived too late to let him know of Juliet's plans.
The friar's motivations for revealing such information may seem conflicting. Why would he tell a story that incriminates him? Because he wants to be forgiven, and that can only happen if people know the truth.
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