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Environmental, Campaign & Website News > EU agrees climate pledge that may boost Copenhagen

EU agrees climate pledge that may boost Copenhagen

Date : 1`th December 2009, Source : BBC Link to News Story

EU leaders have agreed to pay 7.2bn euros (6.5bn; $10.6bn) over the next three years to help developing nations adapt to climate change. Announcing the deal, Swedish Prime Minister Fredrik Reinfeldt said all 27 EU member nations would contribute and that the EU was doing its "fair share". UK Prime Minister Gordon Brown said the UK's promise, at 500m ($800m; 553m euros) a year was the highest. Mr Brown said about 20% of the fast start finance must go towards forest protection. He said the EU was seeking a 25% global reduction in deforestation by 2015.

Document last updated on Wednesday 01 August 2018

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