Europe Seems Hesitant in Pledging Green Funds to Developing Countries
No support from United States and adverse economic conditions have forced the European Union to rethink its promise of providing financial support to the developing countries.
No support from United States and adverse economic conditions have forced the European Union to rethink its promise of providing financial support to the developing countries.
On Friday, the European Council adopted a directive that demands aviation activities must be included in the EU’s Emission Trading System (ETS). The ETS started operations back in 2005 in an effort to curb Global Warming, and is the largest multi-country Greenhouse Gas emission trading system world-wide.
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