Delivering on the EU Green Deal: A critical review of the EU budget

On behalf of Agora Energiewende, we assessed in how far the European Commission’s recovery plan and budget proposal “Next Generation EU“ has the potential to live up to the expectation of providing the budgetary backbone for a swift and meaningful implementation of the green deal (and a sustainable recovery).

At the core of our analysis was the amount of climate-funding in the different budget proposals that could contribute to decarbonising the building, electricity, industry and transport sector (which contribute with approximately 80% to the EU’s entire carbon emissions).