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    Home > Chemicals Industry > International Chemical > EU proposes 60% increase in financing for environmental and climate projects in the next budget

    EU proposes 60% increase in financing for environmental and climate projects in the next budget

    • Last Update: 2022-12-27
    • Source: Internet
    • Author: User
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    The European Commission has recommended an almost 60%
    increase in financing for environmental and climate action projects.

    EU proposes 60% increase in financing for environmental and climate projects in the next budget

    Based on the LIFE program, the EU has funded more than 4,500 projects and has so far provided 5.
    9 billion euros to environmental protection projects.

    The EU aims to strengthen its focus on clean energy, nature and biodiversity, and continues to support the circular economy and climate change
    mitigation.

    For the next EU budget between 2021 and 2027, the European Commission proposes financial support
    of 1.
    95 billion euros.

    Miguel Arias Cañete, EU Commissioner for Climate Action and Energy, said: "The stronger LIFE initiative will play an important role
    in expanding investment in climate action and clean energy in Europe.
    By continuing to support climate change mitigation and adaptation, LIFE will also continue to help the EU meet its climate goals and commitments
    under the Paris Agreement and the UN Sustainable Development Goals.

    The European Commission has recommended an almost 60%
    increase in financing for environmental and climate action projects.

    financing

    EU proposes 60% increase in financing for environmental and climate projects in the next budget

    EU proposes 60% increase in financing for environmental and climate projects in the next budget

    Based on the LIFE program, the EU has funded more than 4,500 projects and has so far provided 5.
    9 billion euros to environmental protection projects.

    The EU aims to strengthen its focus on clean energy, nature and biodiversity, and continues to support the circular economy and climate change
    mitigation.

    For the next EU budget between 2021 and 2027, the European Commission proposes financial support
    of 1.
    95 billion euros.

    Miguel Arias Cañete, EU Commissioner for Climate Action and Energy, said: "The stronger LIFE initiative will play an important role
    in expanding investment in climate action and clean energy in Europe.
    By continuing to support climate change mitigation and adaptation, LIFE will also continue to help the EU meet its climate goals and commitments
    under the Paris Agreement and the UN Sustainable Development Goals.

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