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France: Two urgent priorities for the 2025 Budget

2025 begins with a new French government and a new budget debate, but with the same challenge as last year: how to reduce the deficit without putting the brakes on investment in the climate transition? Climate investments are the best investments we can make, according to the new Minister of Economy Éric Lombard. He's right: any delay weakens our energy security and our position in the international race for cleantech, not to mention the pace of decarbonisation of our economy.

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I4CE – Institute for Climate Economics, is a non-profit research organization that provides independent policy analysis on climate change mitigation and adaptation. We promote climate policies that are effective, efficient and socially-fair.

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I4CE is a non-profit research organization that provides independent policy analysis on climate change mitigation and adaptation. We promote climate policies that are effective, efficient and socially-fair.

Our 40 experts engage with national and local governments, the European Union, international financial institutions, civil society organizations and the media. 

Our work covers three key transitions – energy, agriculture, forest – and addresses six economic challenges: investment, public finance, carbon pricing, development finance, financial regulation and carbon certification.  

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