That's not too far off from how EU funding programmes work (slightly different structure to the funding rounds but similar idea). LIFE which is one of the curre

That's not too far off from how EU funding programmes work (slightly different structure to the funding rounds but similar idea). LIFE which is one of the current programmes targeting climate change has a current budget of €5.43 billion: https://ec.europa.eu/info/funding-tenders/find-funding/eu-funding-programmes/programme-environment-and-climate-action-life_en https://ec.europa.eu/info/funding-tenders/find-funding/eu-fu...