Position on the Multiannual Financial Framework
Policy comments | 9 July 2018
For nearly three decades, the EU Budget, and especially sectoral instruments such as the Cohesion Policy, has been a proven catalyst in the fight against climate change and the transition to a low-carbon energy system. By providing public investments in sectors like transport, energy and construction, which are major sources of greenhouse gas emissions in Europe, the next Multiannual Financial Framework (MFF) can shape the EU’s response to challenges posed by climate change.
The next EU budget and its subsequent regulations come at a time when the climate imperative has never been more pressing. Although the Commission proposals on the future MFF showed renewed ambition, with higher earmarking of funds to combat climate change and reinforced links with the EU’s 2030 energy and climate targets, improvements are still needed in multiple areas, as outlined in the attached policy briefing.
Never miss an update
We expose the risks of international public finance and bring critical updates from the ground. We believe that the billions of public money should work for people and the environment.