EU Leads Global Climate Finance Efforts with $31 Billion Annual Investment.
BRUSSELS: European Commissioner for Climate Action, Wopke Hoekstra, announced that the European Union is the largest source of climate finance, providing $31 billion annually. This statement was made during the Ministerial Dialogue focused on scaling up investments for tripling renewables and doubling energy efficiency. According to Azeri-Press News Agency, Hoekstra highlighted the necessity of significant … Read more