The 2024 UN Climate Change Conference in Baku concluded with EU Commissioner Wopke Hoekstra highlighting the EU’s commitment to boosting climate financing, tripling the target to $100 billion. Emphasizing the importance of assisting vulnerable countries and increasing donor participation, Hoekstra stressed the need for multilateral development banks to attract private funds to achieve the $1.3 trillion target, with COP29 focusing on developing a new plan for climate finance and strengthening global climate action.
Full Article
Von der Leyen tells Xi EU-China ties are at ‘inflection point’
European Commission President Ursula von der Leyen and European Council President António Costa conveyed to Chinese leader Xi Jinping that EU-China relations are at an "inflection point" due to trade imbalances and China's support for Russia amid the Ukraine war. Both sides emphasized the need for mutual solutions to longstanding issues as the summit marks 50 years of EU-China relations, overshadowed by tensions over trade and geopolitical concerns. Want More Context? 🔎
Read more