The Hill
January 14, 2020
The European Union announced Tuesday that it will invest 1 trillion euros ($1.1 trillion) into combating climate change, The Associated Press reports.
The EU will invest a fourth of its budget to battle climate change, with other funds coming from the private sector. The plan will fund European Commission President Ursula von der Leyen’s European Green Deal, which strives to make Europe the first carbon-neutral continent in the world by 2050.