The current phase of the LIFE programme (2018-2020) continues to co-finance nature conservation, environmental and climate action projects. The LIFE Multiannual Work Programme 2018-2020 (MAWP 2018-2020) sets out the general objectives of the LIFE programme, the types of projects aimed for and the associated budgets. €1.2 billion is allocated for nature conservation and environmental protection, and a further €413.25 million for climate action for the making of grant awards