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Euronews
Euronews
Marta Pacheco

Europe’s €2.5tn spending power could go green as business coalition presses EU to act

A coalition of 26 businesses and civil society organisations representing more than 11,500 companies is urging the European Commission to make low-carbon criteria mandatory in EU public procurement rules ahead of a revision expected on 9 September.

In a letter sent to the Commission on 18 August and led by the Italian Climate Change think tank ECCO, the signatories say public authorities spend around €2.5 trillion a year on procurement, equivalent to about 16% of EU GDP.

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