Cooperation between major economies can help drive climate policies and clean energy transitions around the world.
At the event held in the margins of the high-level segment of COP23, European Commissioner for Climate Action and Energy Miguel Arias Cañete launched new EU strategic partnerships for the implementation of the Paris Agreement, a programme co-financed by the EU's Partnership Instrument (€20 million EUR) and the German International Climate Initiative (€5 million) to scale up European climate policy collaborations with other major economies.
Commissioner Arias Cañete said: "The EU is on track to meet and exceed our 2020 emissions reduction target and has taken a head-start in putting in place policy instruments to fulfil our 2030 climate and energy objectives. At the same time, we need to work more with other major economies to move faster, higher and stronger together. Industry and investors in Europe and globally need us to make steady and consistent progress on the policy front. This is why we are launching this new programme today – to better respond to our international partners who seek policy collaborations with us."
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