Commission warns of Green Deal failure if Transition Fund not well financed

(EurActiv, 12 Feb 2020) European Commission President Ursula von der Leyen warned on Wednesday (12 February) that the European Green Deal would fail if member states declined to provide the necessary funds to workers and regions affected by the climate transition.

Addressing the European Parliament’s plenary session, von der Leyen defended an ambitious multiannual financial framework (MFF) to finance the EU’s traditional policies, including Cohesion and farming, and new priorities, such as the digital transformation or defence.

The Commission chief put special emphasis on the Green Deal, described as Europe’s new growth strategy.

She told MEPs that she would “not accept” any result that does not guarantee at least 25% of the budget devoted to the fight against global warming and to proper funding of a just transition for regions and workers.

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EurActiv, 12 Feb 2020: Commission warns of Green Deal failure if Transition Fund not well financed