The European Commission awarded more than 390 million eurosto135 new projects across Europe under the LIFE Programme for the Environment and Climate Action. The amount allocated represents more than half of the total investment required for these projects, which stands at 579 million euros. The remaining funding comes from national, regional and local governments, public-private […]
Commission invests €14 billion through Horizon Europe to boost global research and innovation leadership
On December 11, the European Commission adopted the main Horizon Europe work programme for 2026-2027, a €14 billion investment designed to drive research and innovation (R&I) across the EU’s strategic goals. These goals include achieving climate neutrality, boosting the use of artificial intelligence (AI) in research and innovation, and ensuring resilience in a rapidly changing […]
EU supports the clean transition with over €358 million of investment in 132 new projects across Europe
The Commission has granted more than €358 million to 132 new projects across Europe under the LIFE Programme for environment and climate action. The allocated amount represents more than half of the €536 million total investment needs for these projects – the remainder coming from national, regional and local governments, public-private partnerships, businesses, and civil society organisations. LIFE […]
Next Generation EU drives sustainable growth across the EU
As the Recovery and Resilience Facility (RRF) approaches its 2026 deadline, it continues to drive positive reforms and investments across the EU. As a cornerstone of NextGenerationEU, the RRF has already disbursed €367 billion across Member States, contributing to key objectives such as economic and social resilience, and the green and digital transitions. Today, the Commission presents its fourth […]
Europeans view climate action as a priority and support energy independence
A large majority of Europeans believe climate change is a serious problem (85%), according to a new Eurobarometer survey published last June 30. Among those surveyed, 8 in 10 (81%) support the EU-wide goal of reaching climate neutrality by 2050. From an economic perspective, more than three quarters (77%) of Europeans agree that the cost of damage due to climate change is much higher […]
European Commission and EIB strengthen support for Innovation Fund decarbonisation initiatives
The European Commission and the European Investment Bank (EIB) have signed an agreement renewing Project Development Assistance (PDA) under the Innovation Fund to increase technical and financial advisory support for innovative decarbonisation projects that are either not selected via the Fund or are preparing to apply. The renewed PDA agreement aligns with the EU’s Clean Industrial Deal, which […]
EU secures agreement on carbon market rules and new climate finance goal
At the COP29 UN Climate Change Conference in Baku, the European Commission and EU Member States took the lead in brokering a deal to align global financial flows with the objectives of the Paris Agreement. Through the adoption of a New Collective Quantified Goal (NCQG) for Climate Finance, the EU successfully broadened the global contributor base for climate […]
COP29: EP calls for all countries to pay for climate action
Parliament on Thursday adopted its demands for COP29, which is to set a new collective target for climate action financing. With 429 votes in favour, 183 against and 24 abstentions, the House calls on all countries to agree on a new collective target on climate finance after 2025. MEPs want it to be based on […]
EU to support continued global climate action and push for ambitious finance and investment goals at COP29
At the COP29 UN Climate Change Conference on 11-22 November in Azerbaijan, the European Union will work with international partners to deliver on the goals of the Paris Agreement of limiting global average temperature rise to as close as possible to 1.5C. Climate change continues to be an issue which knows no borders, and increasingly harms […]