Today, the European Commission has proposed to finance the GMES programme (Global Monitoring for Environment and Security) for Earth observation for the period 2014-2020 outside the EU financial framework, for which an estimated budget of €5.8 bn is deemed necessary. The Commission proposes to set up a specific GMES fund similar to the model chosen for the European Development Fund, with financial contributions from all 27 EU Member States based on their gross national income (GNI). Read More