The European Commission warned on Tuesday that the EU urgently needs more funding to respond to climate change-fuelled crises after its emergency aid reserve was exhausted in both 2021 and 2022 and natural disasters have increased this year.
In July and August alone, the European Union's emergency response centre - which coordinates the delivery of assistance to crisis-hit countries - was called upon 12 times, in response to wildfires, floods and emergencies in Ukraine, European Commissioner for Crisis Management Janez Lenarcic said.
The Commission wants to add an extra 2.5 billion euros to the reserve in 2024-2027 as part of an ongoing review of the EU's seven-year budget. EU countries and lawmakers would need to negotiate and approve the extra cash, but there is reluctance among governments to chip in more money. "We need more financial reinforcement," Lenarcic said, adding that bigger investments are also needed to prevent disasters, for example, through sustainable forest management to limit fires, and cut the CO2 emissions causing climate change.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European Commission cuts growth forecast for Germany in 2023 By ReutersEuropean Commission cuts growth forecast for Germany in 2023
Read more »
Højbjerg scores late to give Denmark a 1-0 win over Finland in European Championship qualifyingPierre-Emile Højbjerg’s 86th-minute goal has given Denmark a 1-0 win over Finland to take a big step toward qualifying for the European Championship in Germany next year.
Read more »
Hansi Flick out as Germany coach ahead of hosting European ChampionshipThe announcement came one day after a 4-1 loss to Japan deepened the gloom around the squad.
Read more »
SF Covid-19 eviction protections expire TuesdayYou might’ve heard that the last of the Covid-19 tenant eviction protections expire Aug. 29. But what does that mean?
Read more »
Rehearsals take place ahead of MTV VMAs on TuesdayPreparations are underway in Newark for the 40th MTV Video Music Awards. Read more: https://cbsloc.al/4668IlS
Read more »
European markets set for mixed open ahead of busy week for global economic dataEuropean markets are heading for a mixed open on Monday ahead of a busy week of economic data releases around the world.
Read more »