Dedicating part of the overall EU budget to the climate is a simple, effective tool to ensure EU funds support the clean industrial transition, thereby increasing resilience and global competitiveness.

Green investments deliver higher returns while attracting private capital, talent, and sparking innovation. Protecting the environment is fundamental to ensure that European communities can prosper now and in the future.

The overwhelming support from clean tech startups, responsible investors, large business associations and big multinational companies, but also transnational civil society organisations shows that securing funding for climate and environmental investments makes sure that Europe continues to provide long-term funding predictability on its path to net zero.

The letter, which was sent to the European Commission leadership, comes ahead of the legislative proposal expected for 15th July, that will kick off the negotiations on the EU budget post-2027.

Read the letter here.