SECTORAL POLICIES / Climate

CAN Europe network of NGOs denounces EU’s strategy on climate financing and calls for clearer commitments before COP29

Brussels, 10/10/2024 (Agence Europe)

On Tuesday 8 October, the NGO coalition CAN Europe expressed its disappointment at the Ecofin Council’s conclusions on the European Union’s climate financing (see EUROPE B13499A23).

CAN Europe welcomes the recognition of international public funding to support vulnerable countries, but expresses concerns about the EU strategy. According to the organisation, the focus on domestic resources in developed countries detracts from the main objective of the New Collective Quantified Goal...