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April 10, 2024

An EU results-based climate fund could boost developing countries’ clean energy transition

Besides the creation of a results-based climate fund, the Future Matters report’s other recommendations include developing an industry partnership with India to promote low-carbon steel and cement production (Photo: Dhiraj Singh/Bloomberg)
Besides the creation of a results-based climate fund, the Future Matters report’s other recommendations include developing an industry partnership with India to promote low-carbon steel and cement production (Photo: Dhiraj Singh/Bloomberg)

A European climate fund for low and middle-income countries would benefit both the EU and poorer nations, says a report by a non-profit

The EU should support low and middle-income countries in their transition to a renewable energy system by providing funding through a new climate fund, says German non-profit and think-tank Future Matters. 

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