On Thursday 6 June, in a new report on the evolution of the EU’s contribution to international funding for the fight against climate change, the coalition of environmental organisations CAN Europe recommended that EU funding for developing countries in this area should mainly be provided in the form of grants, in particular for adaptation and loss and damage.
“Many developing countries are facing a serious debt crisis”, says CAN Europe.
However, in 2022, 52% of all climate finance from...