Environmental Protection Spending to rise

In 2021, the EU expenditure on environmental protection amounted to rise €292 billion. Rising on average by over 3% each year, the expenditure on environmental increased by 54% since 2006.

EU Environmental Protection Spending continues to rise

National expenditure on environmental Protection rise in the EU, 2006-2021 (€ billion and % of GDP, by institutional sector; estimate) (Source: Eurostat)
This expenditure includes investments and consumption, according to Eurostat. As a percentage of gross domestic product (GDP), expenditure on environmental remained relatively stable over the last 15 years at about 2.0% of GDP.

Following the tendency of previous years, corporations’ spending was the largest share of the environmental expenditure, accounting for 55% of the total in 2021. The general government and non-profit sector share of the expenditure was 24%, while the households’ share was 21% of that year’s total.

Source: recycling