With 56 votes in favour, nine against and one abstention, the Committee on the Environment, Public Health and Food Safety adopted a resolution outlining its calls for action in view of the UN COP28 Climate Change Conference. MEPs underline that the first Global Stocktake under the Paris Agreement, taking place during COP28, is a key moment to boost collective ambition on climate action and support.

Need for continued and increased financial contributions

The resolution calls on developed countries, including the EU and its member states, to ensure that the annual climate finance goal of 100 billion USD is met in 2023 and to work on a post-2025 goal that would go beyond this amount. It reiterates Parliament’s request for a dedicated EU public finance mechanism to provide adequate support to meet the EU’s climate finance commitments.

MEPs also want COP28 to make the loss and damage fund operational. They underline that all major emitters, including EU countries, should be…