SECTORAL POLICIES / Climate

EU Council calls on developed countries to increase their contribution to climate finance

Brussels, 05/10/2021 (Agence Europe)

A few weeks before the 26th UN Conference of the Parties on Climate Change (COP26), the Ministers of Economic and Financial Affairs of the European Union Member States adopted on Tuesday 5 October EU Council conclusions in which they call on other developed countries to increase their contribution to the objective of collectively mobilising US$100 billion per year until 2025 to help developing countries cope with climate change.

This is one of the major issues at stake at COP26, which will...