Ad
EU member states will need to increase green investments to achieve climate targets, and the gap is only set to grow with existing funds running out. (Photo: Robert and Cathy)

EU budget offers little on post-2025 climate funds

An agreement was reached between member states and the EU Parliament in the early hours of Wednesday morning (7 February) to top up the EU budget.

This will give Europe the financial space to "tackle some of the main challenges of the decade," said EU Commission president Ursula von der Leyen, relieved that the months-long obstruction by Hungarian prime minister Viktor Orbán had finally been overcome.

But while member states and MEPs quickly agreed on the main item on the list, ...

Get EU news that matters

Back our independent journalism by becoming a supporting member

Already a member? Login here

Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

EU member states will need to increase green investments to achieve climate targets, and the gap is only set to grow with existing funds running out. (Photo: Robert and Cathy)

Tags

Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

Ad

Related articles

Ad
Ad