Columbia International Affairs Online: Policy Briefs

CIAO DATE: 07/2009

Euros for low-carbon development Finance as a stumbling block to the EU's position for Copenhagen

Tuuli Mäkelä

May 2009

Finnish Institute for International Affairs

Abstract

The international community is currently in the midst of negotiating a follow-up agreement to the Kyoto Protocol, due to be concluded at Copenhagen in December this year. The European Union has so far taken extensive measures internally to comply with its commitment under the Protocol, and has thereby led the global effort to slow down climate change.