Cross party MEP statement in support of fossil gas exclusion from the Recovery and Resilience Facility (RRF)

Energy transition| Financing the transition

Ahead of the vote of the two lead-committees of the European Parliament on the EU recovery fund, MEPs call for an exclusion of fossil fuels – including gas – from EU public funds, especially the Recovery and Resilience Facility (RRF), in a cross-party letter.

„We, elected MEPs, call on the EU institutions to adopt an EU budget and recovery package excluding all new fossil fuel investments from EU public funding, including the RRF, the Just Transition and the Cohesion Funds.

The EU budget and Next Generation EU will together total over €1.8 trillion in public investment. The investment decisions made within these frameworks will determine not only how and whether the EU meets its climate targets in line with limiting global temperature rise to 1.5°C, it will decide whether it recovers sustainably and whether the recovery and transition is just.“

Cross party MEP statement in support of fossil gas exclusion from the Recovery and Resilience Facility (RRF)

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