Factbox: Key climate spending in EU's 'green recovery' plan

www.reuters.com
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fairly difficult
The European Commission unveiled a 750 billion euro ($826.3 billion) package on Wednesday which it says will put fighting climate change at the heart of the bloc's recovery from the coronavirus pandemic.
BRUSSELS (Reuters) -

Members of the European Parliament are seen during a plenary session on a new proposal for the EU's joint 2021-27 budget and an accompanying Recovery Instrument to kickstart economic activity in the bloc ravaged by the coronavirus disease (COVID-19) outbreak, in Brussels, Belgium, May 27, 2020. REUTERS/Johanna Geron

Billed as the world's biggest "green" stimulus, it aims to tackle the economic slump, while fulfilling the Commission's pledge to slash EU emissions from more than 4 billion tonnes each year now to "net zero" in 2050.

Green funds would also come from the EU's budget for 2021-27, worth around one trillion euros, and private money.

The Commission will unveil the specifics of its climate spending plans on Thursday. Here are its spending proposals from a draft document seen by Reuters. They will need approval from the 27 EU governments and the European…
Kate Abnett
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