EU to offer billions of euros to help poorer states cut down CO2
In her attempt to lead the EU toward climate neutrality, European Commission president Ursula von der Leyen intends to provide 100 billion euros ($130 billion) to support member countries that still heavily depend on fossil fuels transition to lower emissions.
She has made the battle against climate change the top priority of her five-year mandate. The first woman ever to lead the commission, she has pledged to make the EU the world’s first carbon-neutral continent by 2050, as part of the “European Green Deal” she will unveil on Wednesday.
Leyen took office this month at the helm of the European Union’s powerful executive arm.