{"id":70104,"date":"2025-09-05T10:00:24","date_gmt":"2025-09-05T08:00:24","guid":{"rendered":"https:\/\/staging.i4ce.org\/?p=70104"},"modified":"2025-09-05T10:40:50","modified_gmt":"2025-09-05T08:40:50","slug":"2030-beyond-budgeting-europes-climate-transition","status":"publish","type":"post","link":"https:\/\/staging.i4ce.org\/en\/2030-beyond-budgeting-europes-climate-transition\/","title":{"rendered":"2030 and Beyond: Budgeting Europe\u2019s Climate Transition"},"content":{"rendered":"<p><strong>The next long term EU budget will take us through the 2030 goal posts, by when GHG emissions should be down by 55%. It will also lay the groundwork for investing in a climate-neutral future for the continent towards the yet-to-be agreed objectives for 2040. So, when the European Commission presented its proposal for a \u20ac2 trillion multiannual financial framework (MFF) just before the summer break, there was good reason to <a href=\"https:\/\/staging.i4ce.org\/en\/can-the-next-eu-budget-point-the-way-to-an-investment-plan-for-climate-transition\/\">carefully study the details<\/a> from the perspective of closing the EU\u2019s climate investment deficit.\u00a0\u00a0<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><span data-contrast=\"auto\">Meeting the EU\u2019s 2030 climate targets requires an investment of \u20ac842 billion annually across the European economy. <strong>I<span style=\"color: #ff0000;\">4<\/span>CE<\/strong><\/span><span data-contrast=\"auto\">\u2019s flagship report,\u202f<\/span><a href=\"https:\/\/staging.i4ce.org\/en\/publication\/state-europe-climate-investment-2025-edition\/\" target=\"_blank\" rel=\"noopener\"><b>The State of Europe\u2019s Climate Investment<\/b><\/a><span data-contrast=\"auto\">, finds that we are far off that pace, with a current investment gap of \u20ac344 billion. Similarly, the European Climate Neutral Observatory (ECNO) concludes in <\/span><a href=\"https:\/\/staging.i4ce.org\/en\/publication\/state-european-union-progress-climate-neutrality-ecno-2025-flagship-report\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">its <\/span><span data-contrast=\"none\">2025 report<\/span><\/a><span data-contrast=\"auto\"> that more effort is needed on the essential enabling conditions for the climate transition, especially finance.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span data-contrast=\"auto\">With a redesigned architecture of the MFF, the Commission sends a clear message of moving beyond \u201cbusiness-as-usual\u201d. The proposed National and Regional Partnership Plans (NRPPs) will require Member States to develop reform and investment plans, aligning with the National Energy and Climate Plans (NECPs). This points towards an increased emphasis on joining up policy ambition with investment needs assessment and plans.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span data-contrast=\"auto\">The highly anticipated new Competitiveness Fund offers a much-needed simplification of the EU funding landscape. Still, beyond research and a few promising instruments, the Fund\u2019s size remains limited relative to its ambitions. Europe\u2019s weakening position in cleantech manufacturing and the need to accelerate industrial decarbonisation demand more.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span data-contrast=\"auto\">As Member States and EU institutions head into lengthy negotiations on the MFF, Europe\u2019s climate investment needs will likely continue to grow. If the EU budget cannot act as an investment shock in itself, it can still serve as the tip of the spear \u2013 guiding national and private investment toward sectors critical for the clean transition. Whether it can live up to this potential now depends on the Member States.<\/span><span data-ccp-props=\"{&quot;335551550&quot;:6,&quot;335551620&quot;:6}\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/mailchi.mp\/i4ce\/2030-beyond-budgeting-europe-climate-transition\" class=\"external_link \" target=\"_blank\">Read the newsletter<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The next long term EU budget will take us through the 2030 goal posts, by when GHG emissions should be down by 55%. It will also lay the groundwork for investing in a climate-neutral future for the continent towards the yet-to-be agreed objectives for 2040. So, when the European Commission presented its proposal for a \u20ac2 trillion multiannual financial framework (MFF) just before the summer break, there was good reason to carefully study the details from the perspective of closing the EU\u2019s climate investment deficit.\u00a0\u00a0<\/p>\n","protected":false},"author":9,"featured_media":67058,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[16],"tags":[],"class_list":["post-70104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-foreword-of-the-week"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2030 and Beyond: Budgeting Europe\u2019s Climate Transition - I4CE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.i4ce.org\/en\/2030-beyond-budgeting-europes-climate-transition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2030 and Beyond: Budgeting Europe\u2019s Climate Transition - I4CE\" \/>\n<meta property=\"og:description\" content=\"The next long term EU budget will take us through the 2030 goal posts, by when GHG emissions should be down by 55%. It will also lay the groundwork for investing in a climate-neutral future for the continent towards the yet-to-be agreed objectives for 2040. So, when the European Commission presented its proposal for a \u20ac2 trillion multiannual financial framework (MFF) just before the summer break, there was good reason to carefully study the details from the perspective of closing the EU\u2019s climate investment deficit.\u00a0\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.i4ce.org\/en\/2030-beyond-budgeting-europes-climate-transition\/\" \/>\n<meta property=\"og:site_name\" content=\"I4CE\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-05T08:00:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-05T08:40:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.i4ce.org\/wp-content\/uploads\/2024\/09\/Dorthe-Nielsen_a-la-une.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Sacha Poree\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@I4CE_\" \/>\n<meta name=\"twitter:site\" content=\"@I4CE_\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sacha Poree\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.i4ce.org\/en\/2030-beyond-budgeting-europes-climate-transition\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.i4ce.org\/en\/2030-beyond-budgeting-europes-climate-transition\/\"},\"author\":{\"name\":\"Sacha Poree\",\"@id\":\"https:\/\/www.i4ce.org\/#\/schema\/person\/019647dfff6cbbde1a8f49ae7edf6346\"},\"headline\":\"2030 and Beyond: Budgeting Europe\u2019s Climate Transition\",\"datePublished\":\"2025-09-05T08:00:24+00:00\",\"dateModified\":\"2025-09-05T08:40:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.i4ce.org\/en\/2030-beyond-budgeting-europes-climate-transition\/\"},\"wordCount\":361,\"publisher\":{\"@id\":\"https:\/\/www.i4ce.org\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.i4ce.org\/en\/2030-beyond-budgeting-europes-climate-transition\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/staging.i4ce.org\/wp-content\/uploads\/2024\/09\/Dorthe-Nielsen_a-la-une.png\",\"articleSection\":[\"Foreword of the week\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.i4ce.org\/en\/2030-beyond-budgeting-europes-climate-transition\/\",\"url\":\"https:\/\/www.i4ce.org\/en\/2030-beyond-budgeting-europes-climate-transition\/\",\"name\":\"2030 and Beyond: Budgeting Europe\u2019s Climate Transition - 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