Climate finance: EU and member states' contributions continued to increase in 2019

Contributions from the EU and its member states tosupport developing countriesin reducing their greenhouse gas emissions and coping with the impacts of climate change continued to rise in 2019, confirming a steady upward trend since 2013.

Metadata
Provider: 
ECEC
URL: 
http://www.consilium.europa.eu/en/press/press-releases/2020/10/29/climate-finance-eu-and-member-states-contributions-continued-to-increase-in-2019/http://www.consilium.europa.eu/en/press/press-releases/2020/10/29/climate-finance-eu-and-member-states-contributions-continued-to-increase-in-2019/
Retrieved on: 
Friday, October 30, 2020
Information
Tags: 
Climate variability and change, Climate forcing, Greenhouse gas, Climate change policy, Carbon finance, United Nations Framework Convention on Climate Change, Environmental policy, Politics of climate change, Climate change in Finland, Climate change in the European Union
Summary
Key Points: 
  • Contributions from the EU and its member states tosupport developing countriesin reducing their greenhouse gas emissions and coping with the impacts of climate change continued to rise in 2019, confirming a steady upward trend since 2013.
  • The climate finance support provided by the EU and its member states (the UK included) amounted to23.2 billion[1] in 2019,a 6.9% increase compared to 2018.
  • The total without the UK stood at 21.9 billion, a 7.4% increase compared to the total for the EU 27 in 2018.
  • The EU and its member states are the largest provider of public climate finance in the world.
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