Bhutan and EU sign climate agreement

Lyonpo Yeshey Dorji, Minister for Agriculture and Forests  and Mr. Miguel Arias Canete, EU Commissioner for Climate Action and Energy signed the Declaration European Union – Kingdom of Bhutan Cooperation on Climate Change” yesterday in Paris on the sidelines of the UNFCCC COP21.
The Declaration takes cognizance of the need for a robust framework for transparency and accountability to enable effective processes to achieve the long-term goal, and strengthening Parties’ emissions reduction targets.
The Declaration recognizes Bhutan’s unique situation as a land-locked and least developed country with a fragile mountainous environment and the scale of funding requirement to address sustainable development needs It calls on the international community to support Bhutan’s efforts.
Under the Declaration, Bhutan is recognized for its leadership role and the extraordinary ambition in addressing climate change efforts and considers Bhutan’s climate change policies as exemplary.
The European Union is one of Bhutan’s close development partner and has committed  42 million for the period 2014-2020.
Lyonpo Yeshey Dorji also discussed the state of bilateral relations including EU’s development assistance and thanked them for their continued support and cooperation.