Article 4 Budget

The financial envelope for the implementation of the LIFE Programme for the period from 2014 to 2020 is set at EUR 3 456 655 000 in current prices, which amounts to 0,318 % of the total amount of commitment appropriations as referred to in Regulation (EU) No 1311/2013.

The annual appropriations shall be authorised by the European Parliament and by the Council within the limits of the multiannual financial framework.

The budgetary breakdown for the sub-programmes shall be as follows:

The sub-programme for Environment corresponding to the priority area Environment Governance and the sub-programme for Climate Action corresponding to the priority area Climate Governance and Information may finance projects within the meaning of Article 17(4) of this Regulation implemented by the European Solidarity Corps in accordance with Regulation (EU) 2018/1475 of the European Parliament and of the Council ^f1 , which contribute to one or more of the priority areas within the meaning of Articles 9 and 13 of this Regulation. Those projects shall be implemented solely in accordance with the Regulation (EU) 2018/1475, to the exclusion of the specific requirements of this Regulation.