EU announces €9bn in funding for climate action
by Fiona Harvey in Paris from Environment | The Guardian on (#3AGEE)
EU funds will be focused on clean energy, and sustainable cities and agriculture, with Bill and Melinda Gates Foundation also pledging $300m towards climate adaptation
The European commission has announced funding of a9bn (8bn) for action on climate change, one of a flurry of measures from governments, businesses and investors aimed at achieving the goals of the 2015 Paris agreement.
The EU funds will form part of the bloc's External Investment Plan, and will be focused on sustainable cities, clean energy and sustainable agriculture. The announcement was made at the One Planet Summit in Paris on Tuesday, held to mark the second anniversary of the landmark 2015 pact.
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