{"id":402476,"date":"2024-11-05T18:05:31","date_gmt":"2024-11-05T17:05:31","guid":{"rendered":"https:\/\/www.eunews.it\/2024\/11\/05\/clima-2023-soldi-pubblici-ue-286-mld\/"},"modified":"2024-11-11T15:48:27","modified_gmt":"2024-11-11T14:48:27","slug":"climate-in-2023-28-6-billion-eu-public-funding","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2024\/11\/05\/climate-in-2023-28-6-billion-eu-public-funding\/","title":{"rendered":"Climate, in 2023 28.6 billion EU public funding"},"content":{"rendered":"<p>Brussels &#8211; The European Union&#8217;s contributions to <strong>climate finance<\/strong> are increasing. In 2023, the Twenty-seven have put <strong>\u20ac28.6 billion from public sources<\/strong> on the plate. It is\u00a0a contribution in line with the previous year&#8217;s efforts (28.5 billion) and\u00a0represents a commitment of more than 5.5 billion more than in 2021.\u00a0These are the numbers in the <a href=\"https:\/\/data.consilium.europa.eu\/doc\/document\/ST-14567-2024-INIT\/en\/pdf\" target=\"_blank\" rel=\"noopener\">climate finance report<\/a> approved by EU economy and finance ministers at the Ecofin Council meeting.<\/p>\n<p>Of the total \u20ac28.6 billion committed at the end of last year, <strong>\u20ac3.2 billion came from the EU budget<\/strong> (MFF 2021-2027), and <strong>\u20ac2.6 billion was mobilised through the European Investment Bank<\/strong> (EIB), in line with the institute&#8217;s aspiration to become Europe&#8217;s climate bank. The rest came from national contributions from individual member states.<\/p>\n<p><a href=\"https:\/\/www.eunews.it\/wp-content\/uploads\/2024\/11\/climate-finance.png\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-402434\" src=\"https:\/\/www.eunews.it\/wp-content\/uploads\/2024\/11\/climate-finance.png\" width=\"624\" height=\"568\" srcset=\"https:\/\/www.eunews.it\/wp-content\/uploads\/2024\/11\/climate-finance.png 624w, https:\/\/www.eunews.it\/wp-content\/uploads\/2024\/11\/climate-finance-300x273.png 300w\" sizes=\"(max-width: 624px) 100vw, 624px\" \/><\/a>Approximately half of the public climate funding for developing countries, the European Commission notes, has been directed to climate adaptation or cross action, i.e., funding for climate change mitigation initiatives and adaptation measures.<\/p>\n<p>The private support also complements the public one. In 2023, the EU was able to mobilize <strong>\u20ac7.2 billion of additional private funding<\/strong> to support developing countries in their efforts to reduce their greenhouse gas emissions and adapt to climate change.\u00a0<span style=\"margin: 0px; padding: 0px;\">This brings to\u00a0<strong>a total of \u20ac35.8 billion<\/strong>\u00a0in the climate resources the EU mobilises, thus preparing for the United Nations climate conference (COP29) scheduled for November 11-22 in Baku, Azerbaijan.<\/span><\/p>\n<p>The approval\u00a0of the report, with its figures, is intended to provide the world&#8217;s partners with tangible evidence of the EU&#8217;s commitments, not only financial but especially political, to the international sustainable agenda in meeting the Paris Agreement of 2015 and its goals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Report on &#8220;green&#8221; finance approved, propelling EU to COP29 in Baku. Additional 7.2 billion in private contributions mobilised<\/p>\n","protected":false},"author":494,"featured_media":251587,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"1","single_blog_custom":"","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"0","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25706],"tags":[25746,26050,29582,27557,29581,25886,29583,29584],"class_list":["post-402476","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-green-economy-en","tag-climate-en","tag-aid-for-development-en","tag-ecofin-en-2","tag-agreements-paris-en","tag-sustainability-en","tag-finance-sustainable-en","tag-countries-terti-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/402476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/494"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=402476"}],"version-history":[{"count":4,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/402476\/revisions"}],"predecessor-version":[{"id":402523,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/402476\/revisions\/402523"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/251587"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=402476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=402476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=402476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}