“We need massive investments in the ecological transition”, argues Pierre Moscovici

“We need massive investments, particularly for the ecological transition“, affirmed the first president of the Court of Auditors Pierre Moscovici, Friday October 11 on franceinfo, while the draft budget presented Thursday shows cuts in the draft budget on energy renovation or ecological transition. “L‘ecology cannot be the sacrifice of public action“, he said, while warning that he was not talking specifically about this draft budget, but “in general“.

“We must not sneer“on the ecological transition, warned Pierre Moscovici.”Overall, funding for ecology needs to be considerably increased and that is why we must get out of debt“, he explained.

“We need to invest much more in ecology, in education, in innovation and research to be competitive in a changing world“, pleaded the president of the High Council of Public Finances (HCFP). But “if you don’t bring down the debt mountain, you won’t finance the investment wall“, he added. “We cannot say that ecology is no longer a priority, it is not a priority in fact, it is a transition, it is a massive change, it is a structural change, it is an intergenerational change“, he concluded.