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Reuters
Reuters
Environment
Kate Abnett

EU missed climate spending target despite claiming it was met

FILE PHOTO: Smoke and steam billow from Belchatow Power Station, Europe's largest coal-fired power plant, operated by PGE Group, at night near Belchatow, Poland December 5, 2018. REUTERS/Kacper Pempel/File Photo

The European Union missed its target to spend 20% of its pre-2020 budget on fighting climate change and overstated its green spending to claim that the goal had been met, the European Court of Auditors said on Monday.

The EU had pledged to spend at least 20% of its 2014-2020 budget on measures to limit climate change, and by its own account hit that goal exactly, spending 216 billion euros ($232.8 billion) in the period.

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