EU finance ministers met in Luxembourg today to discuss and adopt the EU’s position on climate finance, ahead of the next international climate summit COP23 in Bonn. Climate Action Network (CAN) Europe welcomes the commitment to align financial flows with climate-resilient development, though much more efforts are needed to deliver sufficient and accountable support for international climate action.
Read more: EU finance ministers take conservative steps on climate finance despite worsening impacts
On 13th October, EU Environment Ministers are expected to agree on their position on one of the EU’s cornerstone measures for the implementation of the Paris Agreement, the Effort Sharing Regulation (ESR).
The negotiations of this policy show that EU Member States play a two-faced game on climate: they claim commitment to the Paris Agreement, but at the same time try their utmost to avoid real climate action at home.
Read more: EU governments face a litmus test for Paris Agreement commitment
Read more: Press briefing: Europe's two-faced climate change game
Today the European Parliament adopted a resolution ahead of this year’s UN Climate Summit COP23. It calls on the EU to review and increase its 2030 climate target, following the next UN Climate Summit in 2018, when world leaders will gather to assess progress in the implementation of the Paris Agreement.
Yesterday EU Member States’ ambassadors discussed a draft position on the future of one of the EU’s cornerstone measures for the implementation of the Paris Agreement, the Effort Sharing Regulation (ESR), which sets national targets to reduce emissions from transport, waste, agriculture, buildings and small industry.
The text, which received large support from the ambassadors, forms a basis for the position of EU Environment Ministers, expected to be agreed upon during their meeting in Brussels on 13th October.
Read more: EU Member States stance on their climate targets shows hypocrisy