‘Reward funds’ could be used to meet foreign credit share of EU’s 2040 climate target -report

Published 05:00 on June 16, 2026 / Last updated at 13:59 on June 15, 2026 / / EMEA (Europe), International (Paris Article 6/PACM), Net Zero Transition (Industrial Decarbonisation, Power/Electrification, Transport & Heating Fuels)

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The EU could use performance-based reward funds for developing and emerging economies to cover the international component of its 2040 climate target at a cost of around €5 billion in 2040, according to a new policy paper.
The EU could use performance-based reward funds for developing and emerging economies to cover the international component of its 2040 climate target at a cost of around €5 billion in 2040, according to a new policy paper.


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