Denmark is the country on everybody’s mind these days, but another Scandinavian powerhouse just joined the list for taking climate change action. Sweden announced this week that it would provide the European Union with 8 billion kronor ($1.12 billion) to help developing countries deal with the effects of climate change.
Europe as a whole will be taking steps to support developing countries in fighting climate change; the EU has pledged a total of €2 billion ($2.94 billion) annual endowment to help these places.
Sweden isn’t only investing money in supporting other countries, domestically the government has applied an equally progressive policy, pledging five billion kronor ($7o5 million) in reducing climate impact and adaptation to climate change between 2009 and 2011.
We applaud our Scandinavian friends for their efforts!
As the world gathers in Copenhagen for the UN Climate Change Conference, we’re following along by covering all sorts of aspects of the issue. You can read all of our climate related posts here.