EU committed to reducing carbon emissions by 55pc in ’30


THE European Union (EU) says it is committed to creating potential partnerships with relevant stakeholders in Papua New Guinea to support its ambition of a “Green Deal”.
The deal aims to reduce global carbon emissions by at least 55 per cent by 2030.
EU Ambassador to Papua New Guinea Jernej Videtic, in a meeting with Energy Minister Saki Soloma, said possibilities for future collaborations under the soon-to-be adopted EU-PNG Development Partnership will be focused on the Climate Change-Forestry-Biodiversity Nexus.
He said a focus on renewable energy was one of EU’s priority areas for future cooperation on climate change. “There is a possibility of using several modalities like blending, guarantees, technical assistance, grants and cooperation with private entities similarly to the EU’s support to the PNG biomass project,” he said.