Friday, May 19, 2017

EU to Back Developing Nations on Climate with $890 Million Package

European climate commissioner Miguel Arias Canete leaves a news conference in Beijing, China, March 30, 2017. (Credit: Reuters/Thomas Peter) Click to Enlarge.
The European Union will provide 800 million euros ($891 million) to help 79 African, Pacific, and Caribbean (ACP) nations implement a global deal to combat climate change.

The EU support comes as U.S. President Donald Trump is considering whether to carry out a campaign threat to quit the landmark Paris Agreement, which agreed in 2015 to shift the economy away from fossil fuels.

"We, developed and developing countries together, will defend the Paris Agreement," European Climate Commissioner Miguel Arias Canete said on Thursday.

Read more at EU to Back Developing Nations on Climate with $890 Million Package

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