The EU contributed €20.4 billion last year to help developing countries mitigate and adapt to climate change, according to draft EU Council conclusions prepared ahead of the UN COP24 climate talks in Katowice in December.
“The EU and its member states remain the largest provider of public climate finance”, the draft reads. The EU total – slightly up from €20.2 billion reached in 2016 – will be confirmed on Tuesday at a regular meeting of EU finance ministers, dubbed ECOFIN.
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