The EU’s target to spend at least 20% of its budget on climate action has failed to shift spending in agriculture, fisheries and rural development, the EU Court of Auditors said on Wednesday.
Spending from the European Social Fund has also resisted a major shift towards climate funding, the auditors’ report found. But the goal introduced for the current 2014–2020 budget has led to an increased focus on climate action in the European Regional Development Fund and the Cohesion Fund, it said.
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