Impakter
  • Environment
    • Biodiversity
    • Climate Change
    • Circular Economy
    • Energy
  • FINANCE
    • ESG News
    • Sustainable Finance
    • Business
  • TECH
    • Start-up
    • AI & Machine Learning
    • Green Tech
  • Industry News
    • Entertainment
    • Food and Agriculture
    • Health
    • Politics & Foreign Affairs
    • Philanthropy
    • Science
    • Sport
  • Editorial Series
    • SDGs Series
    • Shape Your Future
    • Sustainable Cities
      • Copenhagen
      • San Francisco
      • Seattle
      • Sydney
  • About us
    • Company
    • Team
    • Global Leaders
    • Partners
    • Write for Impakter
    • Contact Us
    • Privacy Policy
No Result
View All Result
Impakter logo
No Result
View All Result
ESG news on EU investment of €380 million in LIFE projects for sustainability and green transition across Europe

The EU’s investment of €380 million will support vital sustainability projects across Europe.

EU LIFE Programme: €380M to Tackle Climate Change and Biodiversity Loss in Europe

The EU invests €380 million in LIFE projects across Europe, supporting climate action and biodiversity conservation under the European Green Deal.

Rabia AkrambyRabia Akram
October 28, 2024
in ESG News, ESG Tool, Sustainable Finance
0

The European Union allocated €380 million to 133 new LIFE projects. This is a major step forward in addressing climate change and supporting sustainable development. 

This funding represents over half of the estimated €574 million that’s needed for these initiatives. The remaining amount is coming from local governments, businesses, and public-private partnerships. The EU Life Programme aligns with European Green Deal goals, the EU’s climate neutrality target for 2050, and addresses biodiversity loss.

Boosting the circular economy and quality of life

A significant portion of the LIFE Programme’s total funding (€143 million) focuses on creating a circular economy and improving Europeans’ quality of life. Twenty-six projects are included in this part of EU LIFE Programme. These projects are aimed at reducing water use, managing waste, and addressing air/noise pollution.


Another interesting project is LIFE GRAPhiREC, which is supposed to recycle graphite from battery waste in Italy. Another sustainability project from Spain is LIFE POLITEX, which aims to reduce the environmental impact of the fashion industry by transforming textile waste into new fabrics.

For SMEs seeking to get practical guidance on sustainability reporting, an ESG assessment tool is a great option. It offers solutions and resources that can help integrate sustainability practices into daily business operations.


Related Articles: We’re Protecting the Ocean Wrong | EU Carbon Border Tariff: A New Way to Tackle “Carbon Leakage” and Protect European Companies

Nature and biodiversity initiatives

Nearly €216 million has been devoted to 25 nature conservation and biodiversity projects. Sustainability projects like LIFE4AquaticWarbler and LIFE AWOM are taking place in multiple countries, including Belgium, Germany, and Hungry. With a combined budget of almost €24 million, these initiatives aim to protect endangered species like the aquatic warbler, which are important to Europe’s ecological health.

These biodiversity projects highlight the importance of sustainability on a regional and global scale. Businesses looking to showcase their alignment with such goals can use an ESG reporting tool to not only monitor biodiversity impacts but also to enhance their environmental contributions.

Climate resilience and clean energy solutions

To tackle climate resilience and climate change mitigation, the European Union has allocated €110 million to 23 projects focusing on these areas. Projects such as IMAGE LIFE and LIFE VINOSHIELD focus on helping European vineyards and cheese industries adapt to extreme weather, safeguarding iconic products like Parmigiano Reggiano and Camembert against climate-related risks. 

Additionally, the LIFE BLUE 420 kV GIS project in Belgium aims to reduce greenhouse gas emissions from electrical systems, exemplifying the strides Europe is making toward a clean energy transition.

Digital training and sustainable energy investments

As part of the EU’s ongoing commitment to a sustainable energy transition, the LIFE DiVirtue project is investing in digital training for construction professionals in countries such as Bulgaria, Czechia, and Romania. 

With a budget of €1.25 million, this project integrates virtual and augmented reality training for zero-emission building practices. Meanwhile, the ENERCOM FACILITY project will distribute nearly €10 million in grants to emerging energy communities across Europe to foster investment in sustainable energy practices.

By using Klimado’s comprehensive ESG solutions, businesses can navigate these emerging changes in sustainable energy and track their own sustainable practices, thus ensuring they are aligned with the latest EU sustainability initiatives.

***

This article is referenced from EU invests over €380 million in 133 new LIFE projects to support the green transition all around Europe by PubAffairs Bruxelles 


Editor’s Note: The opinions expressed here by the authors are their own, not those of impakter.com — Cover Photo Credit: Towfiqu barbhuiya

Tags: ESG toolGreen financeLIFE ProgrammeSustainability in EU
Previous Post

Georgia’s Elections: How They Decide Its European Future

Next Post

UEFA’s ESG Action Plan: The Way Forward to Make Sports More Sustainable?

Related Posts

ESG News regarding Microsoft’s wind power deal with Iberdrola in Spain, OECD and EPO findings on the quantum sector’s maturation, SBTi’s pilot of a net-zero standard for power companies, and the European Commission’s proposed expansion of the Carbon Border Adjustment Mechanism.
Business

Microsoft Signs 150 MW Wind Power Agreements in Spain With Iberdrola 

Today’s ESG Updates Microsoft Signs 150 MW Wind Power Deal With Iberdrola: The agreement will supply clean energy for AI...

byLuis Guillermo Valdivia Chavez
December 17, 2025
ExxonMobil steps up 2030 transformation plan
Business

ExxonMobil Steps Up Its 2030 Transformation Plan

Today’s ESG Updates: ExxonMobil Steps Up its 2030 Transformation Plan: Aims to sharply boost profits and cash flow by 2030...

byAriq Haidar
December 11, 2025
ESG News regarding U.S. court overturning Trump wind freeze, EU approving a 90% emissions cut target, OECD warning about SME artificial intelligence gaps, and the EU Commission supporting Poland’s first nuclear plant.
Business

Court Blocks Trump Wind Energy Ban, Reopening U.S. Clean Energy Development

Today’s ESG Updates Federal Court Blocks Trump Wind Freeze: 8A U.S. judge vacated the order blocking wind project approvals, reopening...

byLuis Guillermo Valdivia Chavez
December 10, 2025
ESG news regarding Deforestation Mandate Being Pushed; EUs Acceleration on Hydrogen and Net Zero Revolution; AT&T Will End All DEI; UK Watchdog Blocks Nike and Lacoste Ads Over Green Claims.
Business

U-Turn in Europe: Deforestation Mandate Pushed Back Again

Today’s ESG Updates EU Lawmakers Agree to Delay Deforestation Rules: The EU has delayed and simplified its Deforestation Regulation until...

byEge Can Alparslan
December 5, 2025
ESG News regarding Flooding in Indonesia; Glencore promises copper production boost; Trump proposes slashing fuel efficiency standards, and Vulcan Energy receives $2.57bn of funding for lithium project
Business

Indonesians Blame Deforestation for Recent Floodings

Today’s ESG Updates: More than 700 Lives Lost in Recent Indonesian Floods: A combination of mass deforestation and heavy rainfall...

byAriq Haidar
December 4, 2025
ESG News regarding the GHG Protocol and ISO harmonisation effort, new SBTi pathways for the chemical sector, the EU’s permanent ban on Russian gas, and the OECD warning of rising economic risks
Business

GHG Protocol and ISO Plan to Align Carbon Accounting Standards

Today’s ESG Updates ISO and GHG Protocol Begin Standards Harmonization: Both organisations begin technical work to align global GHG accounting...

byLuis Guillermo Valdivia Chavez
December 3, 2025
EU Redefines ESG Rules, Expanding Eligibility to Controversial Weapon Producers
Business

EU Redefines ESG Rules, Expanding Eligibility to Controversial Weapon Producers

This Week's Regulatory Updates EU Expands ESG Eligibility to Defence Firms: A rule change allows defence companies producing previously “controversial”...

byLuis Guillermo Valdivia Chavez
November 28, 2025
New GHG Protocol Structure Plans to Expand Reporting Beyond Scope 1–3
Business

New GHG Protocol Structure Plans to Expand Reporting Beyond Scope 1–3

Today’s ESG Updates GHG Protocol Develops New Multi-Statement Framework: Planned structure separates climate actions from scope 1–3 inventories. G20 Experts...

byLuis Guillermo Valdivia Chavez
November 26, 2025
Next Post
ESG news regarding UEFA’s ESG strategy, UAE sustainability goals, Morgan Stanley’s carbon capture deal and ESG’s relevance in international dealmaking

UEFA's ESG Action Plan: The Way Forward to Make Sports More Sustainable?

Recent News

Canada Sets Green Investment Rules; UK Regulator Probes WH Smith; Louvre Workers Call Off Strike;Trump Allies Clash With Fannie, Freddie Staff.

A New Rulebook for Green Capital: Canada

December 19, 2025
brother and sister playing in a playground

Sustainable Playground Materials and Design for Cities

December 19, 2025
soil

To Prevent Ecological Collapse, We Must Start With the Soil

December 19, 2025
  • ESG News
  • Sustainable Finance
  • Business

© 2025 Impakter.com owned by Klimado GmbH

No Result
View All Result
  • Environment
    • Biodiversity
    • Climate Change
    • Circular Economy
    • Energy
  • FINANCE
    • ESG News
    • Sustainable Finance
    • Business
  • TECH
    • Start-up
    • AI & Machine Learning
    • Green Tech
  • Industry News
    • Entertainment
    • Food and Agriculture
    • Health
    • Politics & Foreign Affairs
    • Philanthropy
    • Science
    • Sport
  • Editorial Series
    • SDGs Series
    • Shape Your Future
    • Sustainable Cities
      • Copenhagen
      • San Francisco
      • Seattle
      • Sydney
  • About us
    • Company
    • Team
    • Global Leaders
    • Partners
    • Write for Impakter
    • Contact Us
    • Privacy Policy

© 2025 Impakter.com owned by Klimado GmbH