Overview

• In its first annual review of the ecological transition, the Cour des comptes deems current results insufficient and describes a deteriorating environmental situation.
• The court estimates a financing gap of more than €200 billion per year, roughly twice today’s combined public and private funding.
• Recommendations include setting sector-specific, quantified targets in the SNBC that account for consumption-based emissions and reinforcing the currently weakened SGPE.
• It urges submitting the Spafte to Parliament each spring ahead of the budget process to better align climate planning with public finances.
• Citing the Banque de France, the report warns that policy inaction could cut 2050 GDP by 11.4 percentage points and stresses that early investment costs less than delayed action.