To report costs in a Life Project, the affiliated entities have to complete their own individual financial statement. The beneficiary to whom they are related will have to introduce in his own individual financial statement, in each of the cost category sheets, one line per affiliate with the total amount incurred in EUR.
For the individual beneficiaries, the following financial statement template (link) needs to be used.
For further information, the CINEA provides detailed information about the reporting phase of Life projects on its website.
The LIFE programme began in 1992 and has co-financed thousands of projects in the field of environmental protection. The budget of the LIFE Programme increased to €5.4 billion between 2021 and 2027. The new LIFE programme covers the following areas:
- Nature and biodiversity
- Circular economy and quality of life
- Climate change mitigation and adaptation
- Clean energy transition.
Source: Regulation (EU) 2021/783 of the European Parliament and of the Council of 29 April 2021 establishing a Programme for the Environment and Climate Action (LIFE), and repealing Regulation (EU) No 1293/2013 (Text with EEA relevance)