Environment ministers agreed on a common EU position for the COP29 summit --[Reported by Umva mag]

“`html

Luxembourg – The EU environment ministers agreed on a unified negotiating position for the twenty-seven at the upcoming COP29 climate summit, which Azerbaijan will host next week, during a meeting in Luxembourg on Monday. According to Reuters, a spokesperson for the EU Council announced this. The position includes, among other things, an emphasis on the need for a higher share of private investment in financing the green transition in developing countries.

The ministers, including Petr Hladík for the Czech Republic, met in Luxembourg to finalize the EU’s position. They agreed, among other things, that “climate change is an existential threat to humanity, ecosystems, and biodiversity, as well as to peace and security,” according to the statement following the ministerial meeting.

At the conference in Baku, the EU intends to present “an effective, achievable, and ambitious global climate finance target” and call for ambitious climate plans that would maintain the goal of limiting global warming by no more than 1.5 degrees Celsius compared to the pre-industrial era.

Hladík said before today’s meeting that the Czech Republic wants, along with other states of the so-called nuclear alliance, to push for mention in the text that nuclear energy is also part of climate neutrality. Besides the Czech Republic, France, Hungary, Poland, and Slovakia are also part of this alliance. On the other hand, Germany, Austria, and Spain traditionally oppose recognizing nuclear energy as part of climate neutrality efforts. (October 14)

“`

The following news has been carefully analyzed, curated, and compiled by Umva Mag from a diverse range of people, sources, and reputable platforms. Our editorial team strives to ensure the accuracy and reliability of the information we provide. By combining insights from multiple perspectives, we aim to offer a well-rounded and comprehensive understanding of the events and stories that shape our world. Umva Mag values transparency, accountability, and journalistic integrity, ensuring that each piece of content is delivered with the utmost professionalism.