Open letter calling for an ambitious, effective and fossil fuel free cohesion policy delivering on climate neutrality

Financing the transition

Today, CAN Europe, CEE Bankwatch and WWF networks are publishing a letter co-signed by national NGOs, cities, regions and business associations calling for the EU institutions to ensure that cohesion policy excludes fossil fuel subsidies in order to support a sustainable and just transition to climate neutrality. 

The letter makes three headline recommendations and is accompanied by an annex with specific recommendations for the Council of the EU, the European Parliament and the European Commission.

Open Letter Cohesion Policy for Climate Neutrality

Annex to Letter to EU Institutions on ERDF and CF trilogues

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Letter

Open letter: Support public investments for a stronger, more resilient and sustainable economy

We are deeply concerned about the return of overly restrictive fiscal policy. The final compromise on the reform of the EU economic governance due to be voted on by the European Parliament and the Council is multiplying unsubstantiated and arbitrary numerical benchmarks, which will trigger a wave of cuts to public budgets across Europe. Several countries, such as Germany, France and Denmark, have already cut or are planning to cut green investment and social spending for 2024 and 2025.

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