EU Member States have significantly closed the gap to achieving the 2030 energy and climate targets, according to the European Commission’s assessment of the National Energy and Climate Plans (NECPs). EU countries have substantially improved their plans following Commission recommendations in December 2023. As a result, the EU is closing in collectively on a 55% reduction in greenhouse gas (GHG) emissions, as committed […]
Council publishes 2023 international climate finance figures
In 2023, the European Union and its 27 member states contributed €28.6 billion in climate finance from public sources and mobilised an additional amount of €7.2 billion of private finance to support developing countries to reduce their greenhouse gas emissions and adapt to the impacts of climate change. The Council published the figures today, in […]