The LIFE programme, a financial instrument specifically dedicated to environmental, protection of nature, and climate action projects, will be endowed with €5.432 billion in current prices, according to the political agreement on all elements of the 2021-2027 Multiannual Financial Framework reached by the European Parliament and the EU Council on 10 November (see EUROPE B12599A2).
This is less than what the Commission proposed (€5.450 billion) and much less than Parliament’s initial...