Author (Corporate) | Council of the European Union |
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Publisher | General Secretariat of the Council |
Series Details | 12935/22 |
Publication Date | 04/10/2022 |
Content Type | News, Policy-making |
Summary:Set of conclusions adopted by the Council of the European Union on 4 October 2022, focusing on climate finance in the context of the UNFCCC 27th Conference of the Parties (COP27). Further information:The European Union (EU) and its Member States are the world's largest contributor to international public climate finance, and since 2013 have more than d0ubled their contribution to climate finance to support developing countries. In these conclusions, the Council of the European Union underlines its commitment to deliver on climate finance. The conclusions were adopted at a Council meeting held on 4 October 2022. On 28 October, the Member States amended the conclusions to commit €23.04 billion in climate finance from public sources to support developing countries to reduce their greenhouse gas (GHG) emissions and adapt to the impacts of climate change. |
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Source Link | Link to Main Source https://data.consilium.europa.eu/doc/document/ST-12935-2022-INIT/en/pdf |
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Subject Categories | Economic and Financial Affairs, Environment |
Subject Tags | Climate Change, Financial Services |
International Organisations | European Union [EU] |