1.2. CLIMATE AND BIODIVERSITY FINANCIAL TARGETS

1.2.1. Background

The NDICI-Global Europe, Pre-Accession Assistance (IPA III) and Ukraine Facility regulations, as well as the regulation for the Reform and Growth Facility for the Western Balkans, and the Decision on the Overseas Association including Greenland (DOAG), include targets for climate and biodiversity finance for the period 2021-2027. Climate and biodiversity targets are complementary and not mutually exclusive. Where possible, the same programme/action should help to achieve several objectives.