European Union

Element Description
The European Union is a unique economic and political partnership between 27, or 29 democratic European countries. Its aims are peace, prosperity, and freedom for the 498 million citizens and provide a fairer, safer world. Frontier-free travel and trade, the euro, safer food and greener environment, better living standards in poorer regions, joint action on crime and terror, cheaper phone calls, and millions of opportunities to study abroad.

There are three main bodies
The European Parliament (represents the people)
The Council of the European Union (representing national governments)
The European Commission (representing the common EU interests)

The countries that are a part of this group are strongly developed nations that are just recently trying to unify their trade with the Euro. Their positions are based upon the residential people of the EU countries; so far they are for the COP15 annex 1 Their interests are to remain equal to other EU countries, keep each other in balance, and make sure that no country overpowers another politically.

Stakeholders
Sweden, Finland, Estonia, United Kingdom, Ireland, Portugal, Spain, France, Andorra, Monaco, Latvia, Lithuania, Poland, Germany, Netherlands, Belgium, Luxemburg, Italy, Bulgaria, Romania, Slovakia, Austria, Czech Republic, Greece, San Marino, Slovenia, Malta, Hungary, Denmark

Mainly Belgium, Denmark, Portugal, Netherlands and Greece are the stakeholders in the COP15 as they are all low lying countries, and are nearly completely shoreline.

Key issues in this element?
The biggest element is making life and trade easy for the citizens, this has been put down as currency and they have created the Euro to unite all countries’ currency so exchanging currency will be unessessary. The main problem was that one country would prosper over another, however they eventually allowed individual countries to choose to go with Euro or keep their own currency.