EU / Multiannual Financial Framework: shortcomings in climate and environment spendings (EP/study)

"The proposed 2028-2034 Multiannual Financial Framework maintains the mainstreaming of climate and environmental objectives across EU spending but raises important concerns regarding ambition, governance and accountability", states an assessment of the Commission proposals on the next MFF requested by the ENVI Committee titled "Impacts of the 2028-2034 MFF Proposals on Climate and Environment".

The report concludes that "while the introduction of a single 35% climate and environment spending target signals continued political commitment, the proposal does not substantially strengthen the mechanisms needed to ensure credible expenditure tracking, consistent environmental safeguards, or effective delivery of biodiversity outcomes."

Key concerns of the authors include:
• A lack of transparency regarding the reliance on national and regional partnership plans for implementation;
• Methodological limitations in expenditure tagging and verification of actual outcomes or environmental impacts;
• Exemptions from climate and environmental accounting.

"The single 35 % climate and environment…