The Chancellor of the Exchequer (Mr George Osborne)

Climate Finance

Ministers adopted Council conclusions on climate finance, which welcome and reaffirm the commitments on climate finance agreed at the UN negotiations in December 2010. The Government support these conclusions. ECOFIN will revisit climate finance following further work by the Commission, Economic and Financial Committee and the Economic Policy Committee. This work will set out the key elements of the mix of international and national, public and private finance instruments needed to deliver scaled-up financial flows after 2012.

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