Furthering EU objectives on climate change and clean energy: building partnerships with major developing economies

This report focuses on how foreign policy can help to further EU objectives on climate change and clean energy, looking specifically at how the EU can more effectively partner with large developing emitters in supporting a global transformation to cleaner energy systems over the first half of this century. The analysis indicates that the level of influence of public policy and public funding on the global clean energy agenda may be limited, but still critical. It is because the amounts of public financing available from EU countries (and from virtually all other OECD countries) to influence major economies like China or India is marginal. But it can prove critical to the extent that public monies can play strong leveraging roles in attracting much more significant private funding.