POLICY

EU proposes €572 billion green stimulus

THE European Union is set to invest up to €572 billion (A$900 billion) on efforts to fight climate change over the next six years as part of a €1.8 trillion economic rescue package to dig the bloc out of recession after the COVID-19 pandemic.

Mark Tilly

The European Commission clinched a deal on the spending on Tuesday, however the funding fell short of the roughly €2.4 trillion analysts and activists say will be needed to be spent to reach the EU's goal...

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