The European Union (EU) is “fully committed to the World Trade Organisation (WTO) process for reducing trade-distorting agricultural subsidies, European Commissioner for Development and Humanitarian Aid Poul Nielson underlined in Johannesburg today [Thursday].
Go deeper with GlobalData
Nielson stressed that the EU also attaches great importance to promoting sustainable energy, including concrete, time-bound targets on renewable energy, at the World Summit on Sustainable Development (WSSD) under way in the South African city. The achievement of the Millennium Development Goals on energy is among the EU’s top priorities. Energy is a key component of any poverty eradication and sustainable development strategy.
This was underlined by Danish Minister of Environment and head of the EU Presidency Hans Christian Schmidt at a press briefing in Johannesburg. Schmidt said: “More than two billion people live without access to proper energy services. They are ‘energy poor’. The lack of energy is often a limiting factor in poor people’s struggle for prosperity. Farmers and business need energy for pumping water. Schools need light. Families need to be relieved from dangerous smoke from wood when they are preparing food. Energy is a vital part of poverty eradication. And renewable energy is a vital part of sustainable poverty eradication. Governments and other stakeholders must focus their efforts on these goals.”
For further information, click here.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
