The Commission’s Communication in December broadened the scope of the European Green Deal to include the EU’s global role. The negotiations on development cooperation in the EU budget, a key element of the European Green Deal for partner countries, continue this week. The challenge is now on for Commissioner Jutta Urpilainen to ensure the European Green Deal delivers for people living in poverty in the Global South, writes Rachel Simon, Climate and Development Policy Coordinator at Climate Action Network (CAN) Europe.
As action in the next 10 years will be most decisive in limiting temperature rise to 1.5°C, the EU will need to increase its 2030 domestic greenhouse emission reduction target under the Paris Agreement (the EU's NDC-Nationally Determined Contribution) from at least 40% to at least 65% compared to 1990 emissions.
Through the adoption and ratification of the Paris Agreement, the EU has committed to “limit global average temperature to well below 2°C above pre-industrial levels and of pursuing efforts to limit the increase to 1.5°C above pre-industrial levels."
In April 2018, CAN Europe member Act Alliance EU has published a report about EU climate finance. The report provides an analysis of climate finance reporting and accounting practice. It also documents how EU institutions, as well as EU member states, allocate their climate support to developing countries. The picture painted is not as bright as we hoped it would be.