Climate Finance: Why Competition for EU Funds Is Intensifying
The new French nuclear reactor in Flamanville is to be followed by many more. (picture alliance/dpa/France Bleu Cotentin | Pierre Coquelin)
With its new 2028–2034 budget, the European Commission plans to allocate EUR 700 billion for climate action and environmental protection. But individual measures will face tougher odds – partly due to a win for nuclear energy advocates.