On Wednesday 16 July, the European Commission proposed to allocate 35% of the new 2028-2034 Multiannual Financial Framework (MFF) to action for the environment, climate and industrial transition, representing around €700 billion of the €2 trillion announced for all EU priorities (see EUROPE B13682A1).
Although the environment and climate will not be the priorities of this new long-term budget, the European Commission assured that the objectives linked to the green transition will be...