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The draft proposal calls for the EU to cut emissions at least 40 percent below 1990 levels by 2030, as well as for a gradual increase in reductions from the current target of 20 percent by 2020.
The Lower Mekong River Basin (LMB) spans Laos, Cambodia, Thailand and Vietnam, and supports 60 million people. New research shows that climate change could damage $18 billion worth of infrastructure and decrease economic productivity in the region by $16 billion annually by 2050.
Citigroup's new five-year sustainability strategy could help shift global capital towards low-carbon development.
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