EU strengthens its leadership on climate

Swedish Presidency of the European Union_1257093779955

After lengthy and difficult negotiations, the EU Member States have reached agreement. The difficult question of ‘climate financing’ has been resolved and the EU’s climate package is thus complete. At the summit’s closing press conference, a delighted Fredrik Reinfeldt noted that the EU has a strong mandate for negotiation ahead of the climate change conference in Copenhagen in December.

http://www.se2009.eu/en/meetings_news/2009/10/30/eu_strengthens_its_leadership_on_climate

EU leaders agree on climate funding

eu climate deal cop15

Developing nations will need 100 billion euro annually from 2020 to tackle climate change, the EU says. It is still unsettled, however, on how much of that money should come from Europe.

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