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EU Commission: 280 million for the environment. Timmermans, “Green Deal, our roadmap to a green and inclusive Europe”

Frans Timmermans (Photo SIR/European Commission)

The European Commission has today approved an investment package of over €280 million from the EU budget for over 120 new LIFE programme projects. According to a press release from the European Commission, “this EU funding will trigger total investments of nearly €590 million to help meet these projects’ ambitious goals for environment, nature, and climate action”. This amount “represents a 37% rise compared to last year”. The projects “will help to achieve the European Green Deal objectives by supporting the EU Biodiversity Strategy and the Circular Economy Action Plan, contributing to the green recovery from the Coronavirus pandemic, and helping Europe become a climate-neutral continent by 2050, among others”. Many of them are cross-country projects involving several Member States. Frans Timmermans, Executive Vice-President for the European Green Deal, remarked: “The European Green Deal is our roadmap to a green, inclusive, and resilient Europe. LIFE projects epitomise these values as they bring together Member States for the protection of our environment, the restoration of nature, and support of biodiversity”.

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