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07.07.2011 / News - EU Level

EU Subsidies for polluting and unsustainable practices

EU budget subsidies should be phased out if they are likely to have environmentally harmful effects according to a detailed assessment.

Industrial pollution Germany, Mauri Rautkari / WWF Canon

EU budget subsidies in areas such as agriculture, fisheries, cohesion policy, transport and energy should be phased out if they are likely to have environmentally harmful effects according to a detailed assessment. This is the conclusion of a Parliament's Environment Committee study that was published in March 2011. The report provides an overview of the environmental relevance of the largest fields of expenditure within the EU budget. It assesses the sustainability level of key budget items in the EU sectoral policies. It also provides recommendations in the context of a potential reform of subsidies that would contribute to the alignment of the EU budget towards a more sustainable growth as called in the EU2020 Strategy.
The report is available for download: http://ecologic.eu/4118