
Briefing: EU fossil fuel subsidies on the rise again
The EU and all its Member States have repeatedly pledged to end “inefficient fossil fuel subsidies” since 2009 while “encouraging all countries to do so”
The EU and all its Member States have repeatedly pledged to end “inefficient fossil fuel subsidies” since 2009 while “encouraging all countries to do so”
Brussels, 1st of June – Hundreds of demonstrators and over 80 organisations from 23 EU countries joined the demonstration in Brussels organized by Good Food
As organisations committed to tackling the multifaceted crises of our times – from climate change and biodiversity loss to the cost of living and energy independence – we call for a €1 trillion investment plan for people and the planet to be at the top of the agenda for future EU leadership. These challenges are largely an investment challenge, and EU funding is more needed than ever to mobilise and boost public and private financing of Europe’s resilience and competitive sustainability. Political parties’ manifestos all recognise this need. Now is the time to meet citizens’ expectations of a better future, invest in the transformation of our economy, and make good on the promises of the Green Deal. This statement presents our proposal for a Social and Green Investment Plan that would achieve these aims.
On 23 March 2024, The European Parliament approved the reformed EU Fiscal Rules. Commenting on the vote, Isabelle Brachet, Senior Fiscal Reform Policy Coordinator at Climate
We are deeply concerned about the return of overly restrictive fiscal policy. The final compromise on the reform of the EU economic governance due to be voted on by the European Parliament and the Council is multiplying unsubstantiated and arbitrary numerical benchmarks, which will trigger a wave of cuts to public budgets across Europe. Several countries, such as Germany, France and Denmark, have already cut or are planning to cut green investment and social spending for 2024 and 2025.
We, the undersigned NGOs, academics, think tanks, trade unions, and industries call for EU legislation on Sustainable Resource Management. This collective endorsement reflects a shared commitment to address the core challenges driving global crises and to champion an EU that thrives within planetary boundaries.
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.
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.
Fiscal Matters, a coalition of civil society organisations, think tanks and trade unions, are deeply concerned about the political agreement on the revision of the
Bonn, 6 June 2024 – Ahead of the forthcoming New Collective Quantified Goal (NCQG) decision under the United Nations Framework Convention on Climate Change (UNFCCC), CAN