LIFE Programme: EU invests €121 million in environment, nature and climate action projects
17 Feb 2021 10:19 PM
The European Commission yesterday announced an investment of €121 million for new integrated projects under the LIFE programme for the Environment and Climate Action. This funding – increased by 20% compared to last year – will promote the green recovery and help Belgium, Germany, Ireland, France, Hungary, Italy, Latvia, the Netherlands, Poland, Portugal and Slovakia to reach their green targets. These integrated projects are expected to channel significant additional funds, helping Member States to make use of other EU funding sources, including agricultural, structural, regional and research funds, as well as national funds and private sector investment.
Executive Vice-President of the European Commission Frans Timmermans yesterday said:
“To deliver the European Green Deal, we need to start mobilising the unprecedented resources made available for Europe's green transition in our long-term budget and recovery fund. These LIFE integrated projects support concrete action to protect the environment, restore nature, and support biodiversity. With this investment we help countries and regions to tackle the climate and biodiversity crises and build a just and sustainable future.”
Commissioner for the Environment, Oceans and Fisheries Virginijus Sinkevičius added:
“I'm excited to see how this new investment will help green the economy, bring back nature and biodiversity and improve resilience to the changing climate in these 11 countries. LIFE integrated projects enable Member States to make a real difference to the environment and people's lives, by enabling long-term strategies with far more money and capacity than with traditional LIFE projects.”
New and increased LIFE funding will support 12 large-scale environment and climate projects in 11 Member States
Integrated projects improve citizens' quality of life by helping Member States comply with EU legislation in six areas: nature, water, air, waste, climate change mitigation and climate change adaptation. They support plans required to implement environmental and climate legislation in a coordinated manner and on a large territorial scale. The LIFE investment announced yesterday is set to channel significant complementary funding from other EU sources, including agricultural, regional and structural funds, Horizon 2020, as well as national and regional actors and private investors.
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