The European Commission published today its proposal for financing international development and neighbourhood cooperation after 2020. The proposed instrument falls short of meeting the climate finance needs of the EU’s partner countries, while failing to guarantee that EU financing for international action is fully climate proof and compatible with the Paris Agreement.
Read more: EU Budget proposal on external action insufficient for climate needs
The European Parliament, Council and Commission have reached a final agreement on the Renewable Energy Directive for the period 2021-2030. The EU agreed to increase its 2030 renewable energy target, but the level of ambition of the revised directive still falls way short of what is needed to comply with the Paris Agreement.
Read more: EU takes baby steps towards sustainable energy, leaving behind Paris Agreement
Today, EU energy ministers gathered in Luxembourg to discuss the state of play of the revision of three key files of the Clean Energy Package: the Energy Efficiency Directive, the Renewable Energy Directive and the Governance Regulation.
Today a unique gathering of businesses, investor groups, local and regional authorities, and civil society groups, standing together as the Coalition for Higher Ambition, are calling upon EU leaders to accelerate the transition to a zero-carbon Europe and thus limit climate impacts and allow for improvements to public health, greater competitiveness for businesses, and an increase in good quality jobs.
Read more: European business, local authorities and NGOs urge EU leaders to step up climate action
MEDIA ADVISORY
Today and tomorrow the leaders of the world’s most industrialised countries will meet at the G7 summit hosted by Canada. The summit is expected to discuss a range of global issues and it will be an important moment to signal stronger climate action, despite the “stress test” imposed by the US leader over trade and climate change.
Read more: Clearer signals for enhancing climate action needed at G7 summit