The European Commission has approved an investment package of €222.7 million from the EU budget to support Europe's transition to a more sustainable and low-carbon future. The EU funding will spur additional investments leading to a total of €398.6 million to be invested into 144 new projects in 23 Member States. The support comes from the LIFE programme for the Environment and Climate Action.
€323.5 million will go to projects in the field of environment and resource efficiency, nature and biodiversity and environmental governance and information. Examples of recognised projects in 2016 include the new energy-saving hydrogen-electric garbage trucks in Belgium, technologies for reducing the health risks of sludge in wastewater pioneered in Italy and a project to help Greek municipalities, such as Olympia, increase recycling rates.
In the field of climate action, the investment will support climate change adaptation, climate change mitigation and climate governance and information projects totalling €75.1 million. Some examples of projects include restoration and carbon storage in peatlands in five EU countries (Estonia, Germany, Latvia, Lithuania and Poland), demonstration of the production of low-emission cement and concrete products in France, enhancing the climate resilience of vineyards in Germany and implementing adaptation measures in urban areas in Cyprus.
The LIFE programme is the EU's funding instrument for the environment and climate action. It has been running since 1992 and has co-financed more than 4 300 projects across the EU and in third countries, mobilising €8.8 billion and contributing €3.9 billion to the protection of the environment and climate. At any given moment some 1100 projects are ongoing. The budget for the LIFE Programme for 2014–2020 is set at €3.4 billion in current prices, and has a sub-programme for environment and a sub-programme for climate action.
More information: http://ec.europa.eu/environment/life/news/newsarchive2016/november/index.htm#pr