A vote today, 27/03/2019, by the Parliament has excluded fossil fuels from the EUR 320 billion European Regional Development Fund (ERDF) and Cohesion Funds for 2021-2027, signalling a clear commitment to the EU’s obligations to reduce greenhouse gases under the Paris Agreement and its net-zero emissions Long Term Strategy. Press release & visuals by the Climate Action Network - CAN EUROPE. Read the full press release.
On the 25 March 2019, EUREC co-signed the open letter "EU funding must leapfrog fossil fuel use to renewable energy and energy savings", together with other 44 associations. This letter was sent to MEPs and media in order to exclude support to fossil fuels from future Cohesion policy funding. The letter was distributed before the 27th March, when the Plenary of the European Parliament took its position on one of the main EU funds that are part of the EU budget, namely Cohesion Policy funding (European Regional Development Fund and Cohesion Fund) from 2021 to 2027. Cohesion policy funding aims to reduce territorial disparities across EU’s regions, particularly in central and eastern Europe.