Letters to the EU’s Vice President Commissioner Dombrovskis and the Finance Ministers of Germany and Italy on a green, just and sustainable recovery

Financing the transition

Ahead of the Special European Council on 17-18 July and the G20 Finance Ministers Summit on July 18-19 2020, these letters call on EU decision-makers to support an EU recovery package which will support a green and just transition through:

➢ establishing a 40% climate action target for the entire MFF, including explicit targets

for the new funds;  
➢ explicitly excluding fossil fuels from all EU funding;
➢ requiring Member States to tailor all EU core and recovery funding plans to deliver on an enhanced 2030 climate target, and the transition to climate neutrality before midcentury. 

The letters also call on EU decision-makers to follow this in the international arena through supporting a statement on a just and sustainable reboot, a green recovery at the G20 Finance Minister Summit.

G20 FinanceMinisterial EU letter

G20 FinanceMinisterial Italy letter

G20 FinanceMinisterial Germany letter