The European Commission's methodologies for tracking climate-related and biodiversity-related expenditure in the EU budget contain a number of weaknesses, according to a study commissioned by the European Parliament's Committee on Budgets (BUDG) and carried out by the Institute for European Environmental Policy (IEEP).
The study was presented to the members of the BUDG Committee on 31 August. Amongst other findings, it concludes that the current methodology “relies on approximations”...