The European Union (EU) has been meeting regularly to come up with a consistent position on climate change going into Copenhagen in December. The big ticket item in all of these meetings is how to fund global climate change in terms of adaptation and mitigation. So far, the EU has failed to find common ground. Commentary appeared on the COP15 website this morning regarding this issue. Another article appeared in the Irish Times last week.
The EU finance ministers will meet again this weekend to try to iron out an official position. However, the fact remains that without consensuses, the EU could potentially see a rift between the older, industrialized countries (France, Britain, Spain, Germany, etc) and the newer, developing members including Poland, Romania, and Slovakia. Furthermore, the lack of unification would make it difficult for the EU to be seen as leader on climate change and threaten its ability to play a larger role in the summit early this December in Copenhagen.