Financial Instrument for the Environment (LIFE+) 2007-2013

The Council reached a partial political agreement, by qualified majority, on a draft regulation establishing the EU's Financial instrument for the environment (LIFE +). The "partial" nature of this agreement is due to the fact that the budgetary aspects have been excluded pending the outcome of the discussions on the future Community financial framework (Financial Perspective 2007/2013). It is therefore expected that the Council will adopt this text as a common position after finalisation of the budget issue and of matters inextricably linked with it.