European Commission invests over €220 million in green and low-carbon projects in Member States
The European Commission has approved an investment package of €222.7 million from the EU budget to support Europe's transition to a more sustainable and low-carbon future. The EU funding will spur additional investments leading to a total of €398.6 million to be invested into 144 new projects in 23 Member States.
The support comes from the LIFE programme for the Environment and Climate Action. €323.5 million will go to projects in the field of environment and resource efficiency, nature and biodiversity and environmental governance and information.
The projects illustrate the Commission's ongoing commitment to its flagship circular economy package. A significant number of awards are granted to help Member States best make the transition to a more circular economy. In the field of climate action, the investment will support climate change adaptation, climate change mitigation and climate governance and information projects totalling €75.1 million.
The 56 LIFE Environment & Resource Efficiency projects will mobilise €142.2 million, of which the EU will provide €71.9 million. These projects cover actions in five thematic areas: air, environment and health, resource efficiency, waste and water. The 21 resource efficiency projects alone will mobilise €43.0 million that will facilitate Europe's transition to a more circular economy.
The 39 LIFE Nature & Biodiversity projects support the implementation of the Birds and Habitats Directives and the EU Biodiversity Strategy to 2020. They have a total budget of €158.1 million, of which the EU will contribute €95.6 million.
The 15 LIFE Environmental Governance and Information projects will raise awareness on environmental matters. They have a total budget of €23.2 million, of which the EU will contribute €13.8 million.
The 16 LIFE Climate Change Adaptation projects will mobilise €32.9 million, of which the EU will provide €19.4 million. These action grants are awarded to projects in five thematic areas: agriculture/forestry/tourism, adaptation in mountain/island areas, urban adaptation/planning, vulnerability assessments/adaptation strategies, and water.
The 12 LIFE Climate Change Mitigation projects have a total budget of €35.3 million, of which the EU will contribute €18.0 million. These action grants are awarded to best practice, pilot and demonstration projects in three thematic areas: energy, industry and land use/forestry/agriculture.
The 6 LIFE Climate Governance and Information projects will improve governance and raise awareness of climate change. They have a total budget of €6.9 million, of which the EU will contribute €4.1 million.