Environment

20-20-20 Deal Approved, 200 Billion Euro Stimulus Confirmed

by Dan Finnan | December 12, 2008 at 10:29 am

452 views | 20 Recommendations | 3 comments

Leaders of the EU have signed up to new deal designed to combat climate change and confirmed a 200 billion euro stimulus package for the economic crisis.

The so-called "20-20-20" deal means that each nation and each sector of industry has been given its own targets for reducing emissions.

But environment groups have criticised the climate change package and say it doesn't go far enough in reforms of industry and energy production.

Poland, which is heavily reliant on coal fired power stations, has been accused of misusing funds designed to invest in infrastructure improvements. Claude Turmes a Green Party MEP said the Polish government spend EU funds "to organise a European football championship in 2012 [...] it is more important for Poland to reorganise its industry”.

0 See all footage | View Slideshow

Share: email story | add to any | | facebook | stumbleupon

recommend This comment thread is now closed

Amy Judd

at 14:06 on December 12th, 2008

I'm sure it's enough time till 2020 to accomplish this..

photo.giorgio

at 01:09 on December 13th, 2008

A better world is possible, clear air and clean water... just do it!

photo.giorgio has contributed a photo to this story.

Dan Finnan

at 07:13 on December 13th, 2008

Thanks for the comments, I think 20-20-20 is certainly realistic, but in many ways both the EU and UN conventions became a talking shop. The biggest agreement being the agreement to meet again!

I spoke to Antonio Hill a Senior Policy Advisor on Climate Change from Oxfam today about the UN convention.

The interview is available on RFI's English service website here.