The European Committee of the Regions calls for green investments to be exempted from the public deficit calculation

On Thursday, the European assembly of regional and local representatives adopted a series of recommendations to support the implementation of green budgets at local and regional level. The recommendations were prepared at the request of the French presidency of the Council of the European Union. The rapporteur for the opinion is Vincent Chauvet (FR/Renew Europe), Mayor of Autun and member of the Green Deal working group of the European Committee of the Regions. The Committee calls on the European Commission and the Member States to exempt green investments from the regional public deficit calculation and to establish effective, participatory and transparent green budgeting, with a clear methodology linked to specific environmental performance indicators.