The EU will grant over 110 million euros to eleven countries for LIFE projects.

According to the European Commission, the LIFE Program will provide more than 110 million Euros to eleven European Union countries for the development of environmental and climate protection projects.

The funds will be distributed to the Czech Republic, Cyprus, Denmark, Slovenia, Estonia, Finland, France, Latvia, Lithuania, the Netherlands, and Poland for LIFE projects.

According to a statement issued by the European Commission, the initiatives undertaken in these countries will contribute to the ecological recovery following the COVID-19 pandemic and will support the objectives of the European Green Pact, which are aimed at nature conservation, air quality improvement, waste management, and climate change mitigation and adaptation.

The funds will be used to boost waste management and recycling in Cyprus, Denmark, Slovenia, and Latvia; to improve the energy efficiency of Estonia’s housing stock; to restore the conservation status and biodiversity of the Baltic Sea on the Finnish coast or in the French Grand Est region; and to gain maximum adaptation to the effects of the global warming in countries such as the Netherlands.

The various LIFE projects will allow Eu Members to access other EU funding sources, such as agricultural, structural, regional, and research funds, in addition to national grants and private sector investments, at the same time.

Brussels anticipates that the financing of these projects will attract more than ten billion euros in additional funds.

In a press release, Frans Timmermans, executive vice-president in charge of the European Green Pact, encouraged countries to take action against climate change, biodiversity loss, and pollution through the LIFE program, which he described as “enabling nations and territories to help restore nature.”

Virginijus Sinkeviius, Commissioner for the Environment, Oceans, and Fisheries, has argued that the LIFE program actions “are one of the primary tools to understand the ecological transformation by implementing concrete changes in practice.”

“Member Countries can green their financial systems, rebuild nature and ecosystems, and optimize their resilience” in this way, Sinkeviius added.

 

Article Author Gerluxe

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