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EU Modernization Fund Releases $4.31B to 9 Member States
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The EU has channelled €3.66 billion into cleaner energy projects across nine member states
To lead a sustainable energy future, the European Commission and the European Investment Bank have announced an investment of €3.66 billion from the EU’s Modernisation Fund The funds will support 34 clean energy and infrastructure projects in nine EU Member States, marking the largest disbursement from the Fund since its launch in 2021. The latest financing round focuses on modernising energy systems, reducing greenhouse gas emissions, and enhan…
The European Commission and the European Investment Bank have announced a new financing record from the Modernisation Fund to support energy transition in new EU Member States, including Romania.
On Thursday, the European Commission and the European Investment Bank announced investments of $3.66 billion to support clean energy projects in nine low-income EU Member States. This amount has been disbursed from the Modernisation Fund, financed by revenues from auctioning allowances ... This article Clean Energy: The EU invests €3.66 billion to help low-income Member States appeared first on Diplomatic Morocco.
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