In 2023, France was planning to invest almost 53 billion euros of its 2024 budget in green investments. Around three billion euros of this amount will be invested in projects that have a neutral impact on the environment, such as the modernization of the railway infrastructure. This country aims to lead the path towards the energy transition and to achieve the goals of the Paris Agreement before the deadline. However, almost 11 billion euros will be invested on assets without a favorable impact on the environment. These expenses will mainly target fossil fuels.
Budgetary and fiscal expenditures with an impact on the environment planned by the French government in 2024, by impact
(in billion euros)
Characteristic
Green expenditures: environmentally friendly on at least one environmental axis
Mixed expenditure: favorable to the environment on at least one axis but with negative effects on one or more other axes
Expenditures with an unfavorable impact on the environment, without having a favorable impact otherwise
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Conseil général de l'environnement et du développement durable. (October 12, 2023). Budgetary and fiscal expenditures with an impact on the environment planned by the French government in 2024, by impact (in billion euros) [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/1212150/government-expenditures-with-environmental-impact-france/
Conseil général de l'environnement et du développement durable. "Budgetary and fiscal expenditures with an impact on the environment planned by the French government in 2024, by impact (in billion euros)." Chart. October 12, 2023. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/1212150/government-expenditures-with-environmental-impact-france/
Conseil général de l'environnement et du développement durable. (2023). Budgetary and fiscal expenditures with an impact on the environment planned by the French government in 2024, by impact (in billion euros). Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/1212150/government-expenditures-with-environmental-impact-france/
Conseil général de l'environnement et du développement durable. "Budgetary and Fiscal Expenditures with An Impact on The Environment Planned by The French Government in 2024, by Impact (in Billion Euros)." Statista, Statista Inc., 12 Oct 2023, https://www.statista.com/statistics/1212150/government-expenditures-with-environmental-impact-france/
Conseil général de l'environnement et du développement durable, Budgetary and fiscal expenditures with an impact on the environment planned by the French government in 2024, by impact (in billion euros) Statista, https://www.statista.com/statistics/1212150/government-expenditures-with-environmental-impact-france/ (last visited December 04, 2024)
Budgetary and fiscal expenditures with an impact on the environment planned by the French government in 2024, by impact (in billion euros) [Graph], Conseil général de l'environnement et du développement durable, October 12, 2023. [Online]. Available: https://www.statista.com/statistics/1212150/government-expenditures-with-environmental-impact-france/