I am not impressed. Council conclusions from the European council yesturday are presented as a success in media.

It is true that there are money but a big part of these money consist of existing commitments and money previously allocated for development assistance, By launching it as a "new" initiative EU is entering into the business of recycling. Recycling is good when we talk about the environment but when we talk about money...

I am also wondering where the ambitions are when I try to find text about long term finance. The climate crisis is not ended in 2012 and there is a need for a long-term, sustainable financial mechanism which can deliver predictable and adequate funding, additional to existing development assistance commitments.