EU makes €50m pledge for clean energy schemes in developing countries

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EU commission president announces plans to provide access to sustainable energy services for 500 million people by 2030 José Manuel Barroso announced a major new initiative for developing countries at the EU energy summit in Brussels. Photograph: Cornelia Smet/EU press office The European Union (EU) has announced a €50m initiative for clean energy projects in developing countries as part of an ambitious UN plan to provide sustainable energy for all by 2030. José Manuel Barroso, the EU commission president, said the EU will seek to mobilise additional support of up to several hundred million euros to support concrete new investments for developing countries in the run-up to June’s Rio+20…

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