Ahead of ECOFIN Council of 6 November, this letter calls on EU ministers to adopt an ambitious position on climate finance at the UNFCCC COP24.
The letter sets out key factors for the EU’s position relating to:
- Clearer information and predictability of climate finance
- Accounting climate finance
- Provision of public finance for adaptation
- Shifting investment patterns and flows
- Private sector finance
- Direct access to finance