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EU budget for 2021-2027: Commission welcomes the provisional agreement on funding for the environment and climate action


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The funding will focus on protecting the environment and mitigating climate change, supporting a clean energy transition with increased energy efficiency and a higher share of renewables in the energy mix. This will be one of the tools enabling the EU to meet its climate goals and seek to become climate-neutral by 2050.

In order to provide a better quality of life for Europeans and invest in a more sustainable future, the Juncker Commission is making an unprecedented effort to protect the environment and climate, notably by increasing the LIFE programme funding, and integrating climate action into all major EU spending programmes. This will help Europe to deliver on its commitments under the Paris Agreement and the United Nations Sustainable Development Goals, addressing some of the most important challenges of this century. The agreement reached yesterday is subject to the formal approval by the European Parliament and Council.

Congratulating the agreement Commissioner for Environment, Maritime Affairs and Fisheries Karmenu Vella said: "Every day we see hundreds of thousands of young Europeans marching for the future of our planet and demanding that we do more. With more funding, we can better address these concerns, speed up the transition to a circular economy and reduce our footprint on nature and biodiversity."

Climate Action and Energy Commissioner Miguel Arias Cañete added: "A stronger LIFE programme will play an important role in expanding investments in climate action and sustainable energy across Europe. By continuing to support climate change mitigation and adaptation, LIFE will also continue to help the EU deliver on its climate goals and commitments under the Paris Agreement and the United Nations Sustainable Development Goals."

The LIFE programme is among the EU funding programmes for which the Commission has proposed the largest proportional increase for the period 2021-2027. Raising the level of ambition for climate financing, the Commission has also proposed that at least 25% of EU expenditure across all EU programmes should contribute to climate objectives.

CONTINUE READING ON europa.eu

                   

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