At the initiative of Ecco, the Italian climate change think tank, in an open letter addressed to EU Commission President Ursula Von der Leyen and signed by many organisations and MEPs, Greentervention called on securing the necessary resources to finance the green transition and tabling a proposal for a European Climate Fund – a central fiscal capacity financed through common debt devoted to the financing of the green transition in all Member States.

In particular, the governance of the Fund should ensure quality of spending and steer the decarbonisation of our societies and means of production.

You can find the letter below and media coverage by EUobserver here