Multiannual Financial Framework 2028-2034 Briefing

The Multiannual Financial Framework (MFF) sets the EU’s long-term spending priorities. This briefing examines the proposed €1.98 trillion framework for 2028-2034, focusing on its new budget structure, main funding instruments and proposed climate and environmental spending targets.

It also considers the 35% horizontal spending target, the application of the “do no significant harm” principle, and the integration of environmental programmes into broader funds. The briefing highlights issues relevant to advisory councils, including aspects such as the future of LIFE funding, the absence of a separate biodiversity target and the risk that some environmental priorities may receive insufficient attention.