The European Union and climate change
The European Union (EU) takes a leading role globally in the fight against climate change. Germany is an active participant in this group. The EU's goal at COP17 is to ensure that an abmitious and legally binding gloabl treaty to keep global warming below 2°C is agreed upon at the UN Climate Change Conference in Durban.
Below are some examples of the EU's support for climate programs.
European Commission (EC) to provide 244 million Euro for 183 new environment projects
The EC has approved funding for 183 new projects under the LIFE+ programme, the EU's environment fund. The Commission will contribute more than 16 million Euro to 14 projects that directly tackle climate change (with a total budget of 40 million Euro). In addition, 12 projects focusing on other issues will also have an indirect impact on greenhouse gas emissions.
For more information about the LIfe+ programme
Reducing CO2 emissions from cars through eco-innovation
The automotive industry will have a greater incentive to invest in new technologies that reduce CO2 emissions from new cars, under legislation adopted by the European Commission. The Regulation enables motor manufacturers to receive recognition for CO2 savings achieved by fitting new cars with approved "eco-innovations" which reduce emissions.
For more information about EC CO2 emissions legislation
The challenge of responding to climate change will require substantial investment. The developing countries in particular need financial support to enable them to reduce their greenhouse gas emissions and adapt to climate change.
Germany is making a substantial contribution here: in 2009 alone, the Federal Government invested around one billion Euro in protecting the climate. The European Union is committed to providing an additional 7.2 billion Euro in total during the period 2010-2012 as "fast start" financing; of this figure, 1.26 billion Euro will come from Germany.
Sources: The EU, BMU, German Embassy Pretoria