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EU makes €98.2M circular pledge

The European Commission has rubber stamped €98.2 of investments targeted at accelerating the continent’s shift to a low-carbon, circular economy.

It is part of the new LIFE funding programme for the Environment and Climate Action, and will support 10 projects across eight countries focussed on five key areas: nature, water, air, waste and climate action.

One euro from LIFE mobilises 20 euros from other funding sources. In addition to this remarkable leverage, LIFE Integrated Projects directly respond to concerns voiced by citizens about air and water quality and the impacts of climate change. They enable Member States to tap into resources to tackle some of the biggest environmental challenges today, such as air pollution, water scarcity, circular economy or biodiversity loss in a coordinated way. This is a perfect example of EU funds making a real difference on the ground,” said Karmenu Vella, Commissioner for the Environment, Maritime Affairs and Fisheries, in a press statement released today.

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