With an environmental financial reform, we are using fiscal policy and taxation to redirect towards a sustainable and fair economy and society - by reducing subsidies that harm the environment and society, by placing our tax system on a broader basis and by making the consumption of resources and the burden on the climate more expensive. The additional revenue should be used sustainably for investments in the future and social justice.
Climate Change and the EU Budget 2021-2027
The current commitments from countries around the world are not enough. We are heading towards a 3°C hotter world and into uncharted territory of catastrophic change. This existential threat requires action on all levels. The EU, its institutions and all Member States must prioritise urgent action in order to implement the Paris Agreement's goal to limit the increase in temperatures to 1.5°C and to make “financeflows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development" (Article 2.1c).
|Publicationclients||Europäische Klimainitiative (EUKI)|