MEPs to approve deal to invest €5.4 bn in climate and environmental projects
The 2021-2027 programme for Environment and Climate Action (LIFE) will become the EU’s most ambitious climate and environmental programme.
The total budget allocated for LIFE in the compromise on the 2021-2027 Multiannual Financial Framework is EUR 5.4 billion (current prices), of which EUR 3.5 billion will go to environmental activities and EUR 1.9 billion to climate action.
The programme will contribute to mainstreaming climate actions and to achieving the overall target of spending at least 30 % of the EU’s budget on climate objectives. LIFE will also support many biodiversity projects and contribute to spending 7.5 % of the annual EU budget on biodiversity objectives from 2024 and 10 % in 2026 and 2027.
The debate and vote will take place on Thursday.
Procedure: Ordinary legislative procedure
Debate: Thursday, 29 April
Vote and results: Thursday 29 April