The EU is assessing its strategy for COP31, taking place in Antalya, Turkey this November. An internal document shared with Reuters shows that the bloc is considering using its trade, finance and development leverage in climate talks. EU climate ministers are due to discuss the document’s proposals in Cyprus. The document suggests that the bloc’s failure to leverage its trade and development tools have limited the EU’s ability to defend its positions and influence the inclusion of incentives in climate agreements. Many of the EU’s trade deals include incentives on climate and low-carbon energy, including a recent EU-India trade deal that included EUR500 million ($590.90 million) in support to help India reduce emissions.
