7 March 2018 – The Prince of Wales’s Corporate Leaders Group has written to EU Heads of State or Government asking them to ensure that the next EU budget post-2020 is aligned with Europe’s climate goals as expressed in the Paris Agreement.
In the context of the upcoming EU negotiations on the Multiannual Financial Framework post 2020, this letter from the CLG to Members of the European Council follows a statement on 5 March by the 14 Ministers of the Green Growth Group to the EU Commission, calling for a climate-friendly EU budget.
Ahead of the next European Council on 22-23 March, the CLG calls on EU Heads of State/Government to give the right signal on EU’s future finances in order to reinforce the EU’s climate leadership credentials.
In particular, the letter from the CLG calls for:
- The EU’s future finances to be aligned with Europe’s climate goals and consistent with the Paris Agreement across all its programmes;
- Clarity on how new finances will bridge the gap in resources identified by the European Court of Auditor;
- A powerful signal for how the EU’s future growth and aspirations are seen in the world;
- Reassurance that the EU capitalises on future economic growth and supports businesses and the communities in which they operate;
- The Heads of Government to take the opportunity to back National Energy and Climate Plans with finance.
