EIB: fossil fuel tap almost closed
Today the EU Member States, who are the owners of the European Investment Bank, voted in favour of a new energy lending policy which would considerably limit loans to fossil […]
Date: 2019
EU climate finance woefully inadequate
In 2018 the EU provided EUR 21.7 billion in climate finance to developing countries, according to EU Council conclusions adopted today ahead of the UN Climate Summit COP25.
Letter to EU Finance Ministers ahead of Economic and Financial Affairs Council
Ahead of Economic and Financial Affairs Council on 8 November, Climate Action Network (CAN) Europe called on Ministers to adopt an ambitious and forward-thinking position on climate finance for the […]
Faster energy transition needed, new report says
Latest climate and energy preliminary data published today by the European Environment Agency show that greenhouse gas emissions have decreased in the EU from 2017 to 2018, but that progress […]
Overview of EU funding sources to build climate neutral economies
The transition to a climate-neutral economy means learning new skills, innovating and implementing new technologies, renewing our infrastructure and cutting dependence on fossil fuels.
Big European donors help refill Green Climate Fund, but a number of European countries still fail to step up
At a pledging conference in Paris today, seven European countries confirmed their commitment to double their previous contributions for the Green Climate Fund replenishment. But some other European governments continue […]
Member States must urgently increase ambition on renewables
Today EU employment and social policy ministers adopted underwhelming conclusions of ECA’s latest report on the state of play in renewables progress, without committing to concrete actions to revive the […]
Infographic: European countries’ pledges to the Green Climate Fund
This infographic shows European countries’ contributions to the replenishment of the Green Climate Fund (GCF).
European countries must step up support for Green Climate Fund
The commitments made by several European countries to the replenishment of the Green Climate Fund (GCF) are only a modest first step. More countries now need to come forward ahead […]
Just Transition funding needs to support real transitions
According to draft conclusions of the European Council, EU leaders meeting today and tomorrow look forward to a proposal from the European Commission to establish a Just Transition Fund.