The European Union will spend 21% of the budget to beat climate change

Next year’s EU budget will focus on supporting the economic growth and competitiveness of the European economy, as well as on achieving other EU priorities, in particular in areas such as security and migration management.

Total commitments are set at €168.7 billion. This is an increase of 1.5% compared to the 2019 budget as amended. €1.5 billion have been kept available under the expenditure ceilings of the multiannual financial framework for 2014-2020, allowing the EU to react to unforeseeable needs.

21% of the budget will go towards measures aimed at addressing climate change. This has been achieved through increases for climate-related actions in several areas such as research and development, transport and energy infrastructure, as well as the EU’s external action.

Source: https://www.consilium.europa.eu/en/press/press-releases/2019/11/25/eu-budget-for-2020-council-endorses-deal-with-parliament/#