Special Report No 17/2013: EU climate finance in the context of external aid together with the Commission’s and EEAS’s replies

Author (Corporate)
Series Details No.17, 2013 (December 2013)
Publication Date 2013
ISBN 978-92-9241-589-1
ISSN 1831-0834
EC QJ-AB-13-018-EN-C
Content Type ,

Abstract:

Climate change poses a fundamental threat to developing countries’ economic development and their achievement of the millennium development goals.

The EU and its member states are among the leading providers of international climate finance. This report concludes that the commission managed climate-related support funded from the EU budget and the EDF to developing countries well.

However, considerable improvement in the coordination between the commission and EU Member States is needed to maximise the impact of the EU’s climate finance: improving the complementarity of programmes; agreeing how to scale up climate finance by 2020; strengthening monitoring, verification and reporting systems; and reducing the fragmentation of climate funds

Source Link http://dx.publications.europa.eu/10.2865/17954
Related Links
ECA: Special Report No 15/2013: EU climate finance in the context of external aid [PDF] http://www.eca.europa.eu/Lists/ECADocuments/SR13_17/SR13_17_EN.pdf
ECA: Press Release, 17.12.13: “EU must step up coordination on global climate finance”, say EU Auditors http://www.eca.europa.eu/Lists/ECADocuments/INSR13_17/a13_46.pdf
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