Auditors find EU risks missing climate spending goal

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

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.

Please sign in to access this article. To subscribe, view our subscription options, or take out a free trial.

Please enter your details

Forgotten password?

Having trouble signing in?

Contact Customer Support at
subs@endseurope.com
or call 020 8267 8120

Not a subscriber?

Take a free trial now to discover the critical insights and updates our coverage offers subscribers.