INTIEAEuropean Union · EU Long-term budget (2021-27) - LIFE - Clean Energy TransitionPolicyIn force

EU Long-term budget (2021-27) - LIFE - Clean Energy Transition

The LIFE Clean Energy Transition sub-programme, with a budget of nearly EUR 1 billion over the period of 2021-2027, aims to facilitate the transition towards an energy-efficient, renewable energy-based, climate-neutral and -resilient economy, by funding coordination and support…

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Country / jurisdiction: European Union · Year: 2021 · Status: In force · Level: International · Type: Voluntary

The LIFE Clean Energy Transition sub-programme, with a budget of nearly EUR 1 billion over the period of 2021-2027, aims to facilitate the transition towards an energy-efficient, renewable energy-based, climate-neutral and -resilient economy, by funding coordination and support actions (Other Action Grants) across Europe.

Projects are co-financed under the LIFE Clean Energy Transition sub-programme in five areas of intervention:

- Building a national, regional and local policy framework supporting the clean energy transition;

- Accelerating technology roll-out, digitalisation, new services and business models and enhancement of the related professional skills on the market;

- Attracting private finance for sustainable energy;

- Supporting the development of local and regional investment projects;

- Involving and empowering citizens in the clean energy transition.

The LIFE programme itself is entitled to 5.4 billion EUR for the 2021-2027 budget, with multiple subprogrammes other than the Clean Energy Transition, such as Nature and Biodiversity, Circular Economy and Quality of Life, Climate Change Mitigation and Adaptation. 64% of the entire budget will be devoted to environment action.

Update 25 November 2021:

The European Commission has approved a package of 132 projects, for an investment of EUR 294 million under the LIFE programme.

Of the funding, EUR 70 million will favour climate change mitigation and adaptation. The rest will finance resource efficiency, biodiversity and environmental governance projects.

The projects will be submitted to financing as of 2022. Many of them are transnational projects, among various EU countries.

In particular, the allocation of the funding is the following:

EUR 19 million for 8 environmental governance and information projects, with the aim of raising awareness about air pollution and biodiversity loss. The EU contributes with EUR 11 million .

EUR 66 million for 17 climate change mitigation projects to promote climate neutral farming, of which the EU contributes with EUR 35 million .

EUR 52 million for 15 climate change adaptation projects to adapt forests to extreme weather events. The EU contributes with EUR 29 million .

EUR 13 million for 6 climate governance and information projects to inform the public about the implications of climate change. The EU contributes with EUR 7 million .

Official source: https://www.europarl.europa.eu/legislative-train/theme-a-european-green-deal/file-mff-life-programme-2021-2027

Source

https://www.iea.org/policies/13953

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