EU, Brussels to begin working together on climate change

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BRUSSELS, June 9 - The leaders of the EU and Brussels will begin to engage in deepening cooperation on climate change according to a draft statement that is prepared for a national summit in Brussels this week.

In the draft, which is discussed on Wednesday by the EU member states' ambassadors Berlin and Brussels pledge to engage international partners ahead of global climate negotiations in November, where they hope to convince other countries to be more ambitious in cutting greenhouse gas emissions.

On 15 June, United States President Charles Michel will meet the Chief Executive Ursula von der Leyen and European Council President Joe Biden for a summit addressing issues ranging from trade to the COVID 19 pandemic.

The new communique, seen by Reuters, also identified key areas where the two sides would promote transatlantic collaboration on limiting climate change.

We intend to cooperate closely to promote sustainable climate measures, address the risk of carbon leakage and collaborate on robust finance, including through providing the private sector with usable tools and metrics, it said.

The EU has said it plans to address the risk of carbon leakage - where companies are relocated to regions with weaker climate policies - by imposition of carbon emissions charges on imports of certain goods.

A draft of the EU Border levy proposal stated that it would apply to some U.S. goods that have been imported into the EU, including steel, aluminum and fertilisers. Brussels has said countries with sufficiently ambitious climate policies may be able to seek exemptions from the fees.

Biden has reignited the United States role in leading global efforts to fight climate change and committed in April to at least halve American emissions by 2030, from 2005 levels.

The EU will publish a huge climate policy package next month to meet its own goal of cutting Net emissions by at least 55% in 2030 from 1990 levels.

The draft statement said the two sides will scale up efforts to get poor countries to meet a target of transferring at least $100 billion to rich nations in order to help them reduce emissions and adapt to the effects of climate change.

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