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EU renews commitment to green energy as business calls for stabilising regulation

Summit delegates in Brussels heard the EU is resolved on clean energy, while speakers discussed how business needs clarity as it drives ahead with climate finance. Philippa Nuttall reports.
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EU renews commitment to green energy as business calls for stabilising regulationImage: Getty Images

Bringing global financial flows in line with the goals of the Paris Agreement should be a priority at COP27 in Egypt next month, said politicians and business leaders at a climate summit held in Brussels on Monday and hosted by the University of Cambridge Institute for Sustainability Leadership and CLG Europe, a UK-based organisation that represents businesses aiming for net zero.

Global warming continues apace, yet hopes of accelerating climate action at the upcoming international climate conference in Sharm el-Sheikh are looking increasingly faint in the face of heightened geopolitical tensions.

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