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Environmental protection expenditure
Increasing environment- and climate-related expenditure can help meet the objectives of the European Green Deal. Environmental Protection Expenditure Accounts (EPEA) measure the economic resources used for prevention, reduction, and elimination of pollution and any other degradation of the environment. Expenditure increased between 2018 and 2024 from 352 billion to 367 billion euros in the European Union. This represents a modest real term increase of 4.2% after inflation adjustments. EPE as a share of GDP declined to 2.0% in 2024, the lowest level recorded during the assessed period.
Gross value added of the environmental goods and services sector in Europe
The environmental goods and services sector contribution to the European Union economy, in terms of value added, increased from 2.1% in 2010 to 3.3% in 2022, reaching EUR 601 billion in 2025 prices. This rise was mainly caused by significant increases in environmental economy activities related to renewable energy production, energy efficiency, and waste management. The EU aims to achieve a green transition and carbon-neutral economy by 2050. This requires further significant increases in environmental economy activities.