The EU investment plan – green deal
At least 35 % of the budget of Horizon Europe (expected to reach EUR 35 billion) will support climate objectives. Furthermore, in the last year of Horizon 2020, the Commission is preparing an additional call of around EUR 1 billion allocated to Green Deal priorities, on top of the existing allocation of EUR 1.35 billion in 2020.
The LIFE Programme will see its envelope increased by 72% as compared to 2014-2020 to EUR 5.4 billion. More than 60% of its envelope will pursue climate objectives, including EUR 0.95 billion for climate action, EUR 1 billion for the clean energy transition and EUR 2.15 billion for nature and biodiversity.