EU: 280 million for environment, nature and climate action

A € 280 million investment package has been approved by the European Commission from the EU budget for more than 120 new LIFE projects. This EU funding will mobilize a total investment of almost € 590 million to help achieve the This represents an increase of 37% compared to the previous year. The projects will help to achieve the objectives of the Europe Green Agreement, supporting the EU strategy for biodiversity and the action plan for the circular economy, contributing to the green recovery from the coronavirus pandemic and helping, inter alia, to make Europe a climate-neutral continent by 2050. Many of the new projects are transnational, involving various Member States. “The European Green Agreement is our roadmap for a green, inclusive and resilient Europe,” said Frans Timmermans, Executive Vice President for Europe Green Agreement. LIFE projects embody these values ​​as they bring Member States together to protect our environment, restore nature and support biodiversity. I look forward to seeing the results of these new projects. “Vigninius Sinkevicius, Commissioner for the Environment, Oceans and Fisheries, added:” LIFE projects can really make a tangible difference in practice. They offer solutions to some of the most serious challenges of our time, such as climate change, the loss of nature and the unsustainable use of resources. “If they are reproduced across the EU with speed and scale, they can help the EU achieve the ambitious goals of the EU Green Pact and help build a greener and more resilient Europe for all of us, but also for future generations.” Approximately EUR 220 million is available for a wide range of projects in the fields of environment and resource efficiency, nature and biodiversity, as well as environmental governance and information, and more than EUR 60 million to support climate change mitigation projects These projects include significant investments aimed at protecting and enhancing Europe ‘s biodiversity. Projects such as the restoration of peatlands — unique ecosystems that EU biodiversity strategy. Peatlands are also significant carbon dioxide sinks and could boost Europe’s path to climate neutrality by 2050. LIFE projects also support reducing energy consumption in new buildings, in line with the recently launched EU renewal wave strategy. funds for the development of a universal and affordable solution for low carbon emissions, which could reduce energy consumption in all new buildings by up to 40%. Funds will also be allocated for food waste prevention projects to improve waste management under the new EU action plan for the circular economy. Funding is also available for a number of projects that will help energy-intensive industries reduce greenhouse gas emissions in line with the Commission’s ambitious Climate Target Plan and our Climate Neutrality Goal. They will support the implementation of the EU Birds and Habitats Directives and the EU Biodiversity Strategy by 2030. They have a total budget of EUR 221 million, of which the EU will contribute EUR 133 million. 47 LIFE projects on environment and resource efficiency will mobilize EUR 208 million, of which the EU will contribute EUR 76 million. These projects cover actions in five areas: air, environment and health, resource efficiency and circular economy, waste and water.8 LIFE projects on environmental governance and information, amounting to almost EUR 17 million, with a slightly larger EU contribution EUR 9 million, raise public awareness of environmental issues and assist public authorities in promoting, monitoring and enforcing compliance with EU environmental legislation.16 LIFE projects to mitigate climate change will have a total budget of around EUR 86 million, of which almost EUR 32 million will come from the EU.15 LIFE projects on climate change adaptation will mobilize EUR 50 million, of which EUR 26 million will be LIFE projects on climate governance and information will improve governance and raise awareness of climate change change, with a total budget of EUR 7 million, of which the EU contributes almost EUR 4 million. Follow it on Google News and find out all the news first See all the latest News from Greece and the World, at

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