The European Parliament voted today for an increase of climate action spending in the next EU budget, calling for a quantum leap in financial efforts in order to achieve the Paris Agreement goals.
In reaction to the new resolution of the European Parliament on the next multiannual financial framework, Markus Trilling, finance and subsidies policy coordinator at Climate Action Network (CAN) Europe said:
“Making the European economy climate neutral will not fall from heavens. Members of the European Parliament rightly deem current EU budget proposals for climate action far from being satisfactory given the climate crisis we are facing. The next EU budget has a great potential to get us there, only if it finally pulls the plug on fossil fuel financing and dedicates 40% to climate action in the next decade.”
“EU leaders gathering at a European Council next week to discuss the next EU budget must follow the European Parliament’s example. A European Green Deal requires a future EU budget that addresses the climate crisis much more profoundly than the current one does. There is no room for being frugal on climate action.”
ENDS
Contact:
Nicolas Derobert, CAN Europe Communications Coordinator, nicolas@caneurope.org, +32 483 62 18 88
Climate Action Network (CAN) Europe is Europe’s leading NGO coalition fighting dangerous climate change. With over 160 member organisations from 35 European countries, representing over 1.700 NGOs and more than 47 million citizens, CAN Europe promotes sustainable climate, energy and development policies throughout Europe.
