The Committee of Permanent Representatives approves the agreement on LIFE

July 18, 2013

Funding Scheme: 2013-07-18

Pgm2014 2020: Yes

Amorce:

The Committee of Permanent Representatives approved the agreement reached by the Council and the European Parliament on 26 June on the future LIFE programme for the environment.

Text:

The new LIFE programme will provide EUR 3,456 million, including EUR 2,592 million for environment and EUR 864 million specifically to climate change action, over the next 7 years.

While some of the simplification measures that were originally proposed are not included in the agreed text, the Commission is confident that the new Regulation will clearly improve the quality of the projects supported by LIFE. The higher rate of EU co-financing will be especially welcomed by organisations that struggled in the past to find the necessary funds to cover their own part of project budgets.

The biggest part of the new LIFE instrument will provide funding, mainly through grants for projects, to organisations established in the EU pursuing environment and climate action objectives in the Member States. One innovation is that funding can now also be channelled through financial institutions to provide loans or guarantees for banks lending directly to projects. Another innovation is the possibility to provide capacity building to national and regional contact points to improve Member States performance in the Programme. A small part of the instrument will provide operational grants to NGOs active in the fields of environment and climate change.

Background

LIFE+, the current European Union financial instrument for the environment, has a total budget of EUR 2 143 billion for the period 2007-2013. The Commission launches one call for LIFE+ project proposals per year.

Url description: European Commission Press

Url: http://europa.eu/rapid/press-release_MEMO-13-701_en.htm?locale=en