This briefing is an overview of the EU’s plans to fund and boost climate action. It also provides policy guidelines and recommendations to EU institutions and national governments as to how to finance a European Green Deal and ensure a smoother transition to a climate neutral economy. Furthermore, it advises civil society organisations on how to engage in the process and ensure a consistent and independent monitoring of progress that will be made in the coming years.
Limiting global warming to 1.5°C above pre-industrial is feasible. This publication is a civil society response to the challenge of limiting global warming to 1.5°C while also paving the way for climate justice.
The EU is still getting to grips with the need to transition to a fully decarbonised economy, the political economy challenges of deep decarbonisation, the need to develop a regime to manage climate risk, and with aligning its own efforts with those of non-state actors such as cities and progressive businesses. How does climate governance fit within the ‘Future of Europe’ process led by the European Commission?