Preventing water crises
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Preventing water crises

EU to start huge budget war against climate change

The European Commission has proposed an EU budget of over €168 billion (more than HUF 53.8 trillion) for 2020 for a more competitive European economy, the creation of jobs, combating climate change and for promoting solidarity and security.

On 5 June, Gönther H. Oettinger, European Commissioner for Budget and Human Resources announced that 21% of the total proposed budget will go to combat climate change in line with the European Union’s current long-term budget, in which 20% was targeted to finance activities addressing climate change.

According to the published proposal, 43.5 of the €60 billion budgeted for sustainable growth and natural resources would be spent on market related and direct subsidies.

Oettinger stressed that the 2020 budget would continue to invest in solidarity and security in as well as outside Europe. €420.6 million (an increase of 34.6% on this year) would be spent on setting up a standing corps of ten thousand border guards for the European Boarder and Coast Guard Agency (Frontex) by 2027. €156.2 million would be allocated to the so-called rescEU programme, to improve responses to earthquakes, wildfires and other disasters.

The European Commission would budget €560 million for people in need in Syria and refugees and their host communities in the region, added the EU Commissioner.

Gönther H. Oettinger announced that 21% of the total proposed 2020 EU budget will go to combat climate change Photo: Shutterstock
Further information: European Commission

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