Question: Recently during the one Planet summit organized by the European Commission in Paris, how much amount for the climate-smart investments under EU External Investment Plan was announced for Africa and the EU Neighbourhood countries?
(a) €5 billion
(b) €8.5 billion
(c) €9 billion
(d) €10.5 billion
Answer: (c)
Related Facts:
- On December 12, 2017, the European Commission during the One Planet Summit in Paris announced the launch of climate-smart investments worth €9 billion as part of theEU External Investment Plan (EIP), for Africa and the EU Neighbourhood countries.
- EU External Investment Plan (EIP) is set to mobilise at least €44 billion of sustainable investment for Africa and the EU Neighbourhood countries by 2020.
- EIP was adopted in September to boost climate investment.
- Miguel Arias Cañete, Commissioner for Climate Action and Energy announced it.
- Investment was made in three targeted areas – sustainable cities, sustainable energy and connectivity and sustainable agriculture, rural entrepreneurs and agribusiness.
- It is known that the one Planet Summit in Paris was organized by the President of France, Immanuel Macran.
Reference:
https://ec.europa.eu/clima/news/eu-external-investment-plan-climate-smart-investments-worth-eur-9bn-unveiled-one-planet-summit_en
https://www.euroheat.org/news/commission-unveils-action-plan-planet/
http://www.climateactionprogramme.org/news/european-commission-announces-9-billion-in-climate-aid-for-partner-countrie