Subscribe to industry newsletters

Search jobs

EU, 4 member countries to provide over €1bn for climate adaptation in Africa - official

EU climate policy chief Frans Timmermans told the COP27 summit in Sharm El-Sheikh on Wednesday, 16 November, the bloc and four member countries will provide over €1bn for climate adaptation in Africa.
European Commission vice-president Frans Timmermans speaking during a news conference on high energy prices at the European Parliament in Strasbourg, France. 2022. Source: Reuters/Yves Herman
European Commission vice-president Frans Timmermans speaking during a news conference on high energy prices at the European Parliament in Strasbourg, France. 2022. Source: Reuters/Yves Herman

He added the four members are France, Germany, the Netherlands and Denmark and that other countries can join.

The sum is a starting point, he said.

Timmermans also said the EU will provide €60m for loss and damage and will present ideas today on how to take loss and damage negotiations forward.



SOURCE

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

Go to: https://www.reuters.com/

Let's do Biz