Tuesday, April 17, 2012

EU makes €50m pledge for clean energy schemes in developing countries

EU commission president announces plans to provide access to sustainable energy services for 500 million people by 2030

The European Union (EU) has announced a €50m initiative for clean energy projects in developing countries as part of an ambitious UN plan to provide sustainable energy for all by 2030.

José Manuel Barroso, the EU commission president, said the EU will seek to mobilise additional support of up to several hundred million euros to support concrete new investments for developing countries in the run-up to June's Rio+20 conference on sustainable development.

See full Article.