In 2012 Nine countries put their weight strongly behind the Financial Transaction Tax (FTT) calling for the Danish Presidency to accelerate with analysis and the negotiation process even if there isn’t a Europe-wide agreement. This comes as a welcome development and shows that France, Germany, Belgium, Spain, Finland, Greece, Spain, Portugal and Italy are ready to put their money where their mouths are.
On April 21st 2010 the European Commission released a communication entitled "A twelve-point EU action plan in support of the Millennium Development Goals."
Climate change is a global challenge as emissions anywhere affect people everywhere. To respond to the climate crisis a rapid decarbonisation of our economies across the world is required. This is why internationally coordinated cooperation is needed. This is done under the United Nations Framework Convention on Climate Change, the UNFCCC.