Brussels Economic

The European Commission has approved an investment package of €98.2 million to support Europe’s transition to a low-carbon, circular economy under the new LIFE funding programme for the Environment and Climate Action.

Today’s investment package will contribute towards improving the quality of life for European citizens in five areas: Nature, Water, Air, Waste and Climate Action. The investment covers 10 projects in Belgium, Denmark, France, Greece, Lithuania, Malta, Spain and Sweden. The EU funding will mobilise investments leading to an additional €2 billion, as Member States can make use of other EU funding sources, including agricultural, structural and research funds, as well as national funds and private sector investment.