MIL-OSI Europe: Highlights – ENVI exchange of views on the implementation of the Recovery and Resilience Facility – Committee on the Environment, Climate and Food Safety

Source: European Parliament

Sustainable investment © Image used under the license from Adobe Stock

18 February, ENVI Members will consider the draft opinion on the implementation of the environmental aspects of the Recovery and Resilience Facility (RRF).

The RRF is a key instrument of the EU’s response to the economic and social impact of the COVID-19 pandemic, with additional RePowerEU chapters introduced following Russia’s war on Ukraine and the energy crisis. Around €275 billion were committed to be spent on climate action. However, recent findings from the European Court of Auditors highlight potential overestimations of funds allocated to climate action and discrepancies between planned measures and actual implementation. The ENVI draft opinion raises questions on the contribution of RRF to the green transition and calls for further investigations. ENVI Members will discuss the role of the RRF in achieving the EU’s environmental and climate goals.

MIL OSI Europe News