Ambitious climate action and a just energy transition: Priorities for EU funds 2021-2027

Financing the transition

To meet the goals of the Paris Agreement, the European Union needs to achieve net zero greenhouse gas emissions by 2040. EU funds must support the decarbonization of all sectors by developing zero-carbon processes and products, enable the just transition, establish a genuine circular economy and foster a transition towards sustainable food systems.

EU funds should contribute to structural economic transformation with the aim to:

  • reduce all greenhouse gas emissions by at least 65% by 2030, as compared to 1990;
  • reduce greenhouse gas emissions and increase natural carbon removals so as to achieve
    climate neutrality by 2040;
  • phase out all coal power plants by 2030;
  • source 100% all of all energy from renewable sources;
  • phase out the use of all fossil fuels by 2040;
  • earmark 40% of the next EU budget for climate action.

The briefing is accessible here.



EU Parliament Scoreboard​: Protectors, Procrastinators & Prehistoric Thinkers

New in-depth data research from five leading climate and environment organisations reveals that only a minority of MEPs during the 2019 – 2024 mandate acted to protect Europe’s climate, nature and air quality. The majority of MEPs acted instead as either procrastinators or prehistoric thinkers, delaying real action with patchy and inconsistent voting records, or worse, completely failing to rise to the challenge of the crises Europe is facing.

Read More »