The EU's objective of earmarking at least 20% of its budget (or one euro in every five) for climate actions over the period 2014-2020 is very unlikely to be met, the European Court of Auditors stated in a special report published on Tuesday 22 November.
The auditors noted that ambitious work was underway and that overall, progress had been made towards the achievement of the 20% target. However, this is not likely to be met "without more effort to tackle climate change", the report reads.