EU plans to change funding mechanisms for environmental initiatives 'deeply regressive'

The LIFE programme is Europe’s dedicated funding instrument for environmental and biodiversity initiatives and, since 1992, Ireland has secured over 100 projects with investment exceeding €200m. File picture

EU plans to change the funding mechanisms for environmental and biodiversity initiatives are “deeply regressive” and “inherently contradictory”, Irish TDs and senators have said.

In a political contribution on the European Commission’s plans for a new European Competitiveness Fund, the Oireachtas climate committee said it had deep concerns on the proposals.