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EU proposes 25 percent climate investment goal in new budget

The EU's climate-related investments must increase from 2021 and seven years forward, recommends the EU Commission in a new long-term budget proposal. However, evaluating investments must be done with caution in order to avoid diluting climate change mitigation efforts.

Photo: Markus Schreiber/AP/POLFOTO

BRUSSELS

The EU's current 2013-2020 budget has the stated goal that 20 percent of the union's  investments should be climate related. However, that percentage should be raised to 25 percent from 2021 to 2028, so that the climate change mitigation agenda can be as integrated as possible in all of the EU's programs.

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