Finance ministers continue to be a weak link in tackling climate change

Finance ministers met today in Luxembourg to discuss climate finance, just one month ahead of the next international climate summit COP22 in Marrakech. Climate Action Network (CAN) Europe welcomes the re-iteration by finance ministers to continue to provide public finance to tackle both the causes and impacts of climate change. But despite the rehashed pledge, EU Member States must provide much more clarity on how support for international climate action will be scaled up.
In reaction to today’s ECOFIN council, Maeve McLynn, CAN Europe Finance and Subsidies Policy Coordinator, said: …