Launched in 1992, the LIFE programme is the only EU fund entirely dedicated to environmental and climate objectives. It supports the implementation of relevant EU legislation and the development of key policy priorities, by co-financing projects with European added value. In June 2018, the European Commission submitted a proposal for a new LIFE regulation as part of the 2021-2027 Multiannual Financial Framework (MFF) with a financial envelope of €5.45 billion in current prices. An early second-reading agreement was reached with the Council in trilogue negotiations, which is now due to be voted by Parliament during the April 2021 session.
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