The European Commission announced today that it has today approved more than €396 million in funding for climate and environmental sustainability projects in areas such as nature and biodiversity, the circular economy and quality of life, climate change mitigation and adaptation, and the transition to clean energy.
The new investments are made under the LIFE programme, the EU’s financing instrument for the environment and climate action.
The funding will support 171 new projects from almost all EU countries, with co-financing requirements under the program expected to mobilize a total investment of more than €720 million, representing an increase of 28.5% compared to from last year.
The investments include 140 million euros for nature and biodiversity projects aimed at restoring ecosystems, habitats and animal protection, 94 million euros for projects in the field of the circular economy and improving quality of life in areas such as water use, electrical waste, chemicals, air pollution and noise pollution. and to improve environmental management and information, €65 million for climate change mitigation, climate change adaptation and climate management projects, and €97 million for projects to improve market and regulatory conditions in the EU for the clean energy transition , in particular promoting and deploying energy efficiency and small-scale renewable energy solutions.
Over its 31 years of existence, the LIFE program has co-financed more than 6,000 environmental and climate action projects in the EU and associated countries. The 171 projects announced today have been selected from more than 751 applications submitted under the LIFE 2022 call for proposals, published in May 2022.
The European Commission has increased funding for the LIFE program for the period 2021-2027 by almost 60%, bringing it to €5.43 billion.
Virginijus Sinkevičius, EU Commissioner for Environment, Oceans and Fisheries, said:
“This year’s LIFE projects are more ambitious than ever. As we continue to face the crises of climate change, pollution and biodiversity loss, the LIFE program is a living testament to our commitment to move from ambition to action and create a real difference for EU citizens with projects that will accelerate the green transition, our daily lives and the preservation of our natural ecosystems.”