The European Commission announced today that it has approved more than €380 million in funding for green projects in areas including nature and biodiversity, addressing climate change, and the clean energy transition.
The new investments are being made under the LIFE Programme, the EU’s funding instrument for the environment and climate action.
The funding will support 168 projects across Europe, targeting key themes including nature and biodiversity, circular economy and quality of life, climate change mitigation and adaptation, and the clean energy transition.
Investments will include €127 million for nature and biodiversity projects, €96 million clean energy transition projects, €86 million for environment and resource efficiency projects supporting the EU’s Circular economy action plan, and around €67 million for climate action-focused projects, including climate adaptation and mitigation initiatives.
Frans Timmermans, EU Commission Executive Vice-President for the European Green Deal, said:
“The climate crisis has severe effects on nature and ecosystems. Extreme heat, droughts, and floods can damage nature and hamper its ability to shield us from the worst impacts of climate change. It is why, at COP27, countries emphasized the importance of protecting and restoring nature. LIFE projects make it possible to move from ambition to action, boosting decarbonization and bringing real change on the ground.”
Click here to view the list of LIFE Programme projects.
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