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European Commission 2014-2020 budget proposal places greater emphasis on energy efficiency
European Commission President José Manuel Barroso presented on 29 June his proposal for the Multiannual Financing Framework (MFF), the EU’s next seven-year budget period. To fast-track EU’s transition to a “low-carbon and climate resilient society”, the European Commission President proposed to increase the proportion of the budget allocated to climate-related investments to “at least 20%”, indicating that that “energy and climate shall be mainstreamed into all policies funded by the EU (...) Read more
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  The sole responsibility for the content of this newsletter lies with the Covenant of Mayors Office. It does not necessary reflect the opinion of the European Union. The European Commission is not responsible for any use that may be made of the information contained therein. The Covenant of Mayors was set up with financial support of the European Commission and consists of five associations of European local authorities: Energy Cities, Climate Alliance, Eurocities, CEMR, and Fedarene.

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