News
EU invests an additional €2 billion of emissions trading revenues in clean energy infrastructure projects in Member States via the Modernisation Fund
Under the Modernisation Fund, €2.17 billion has been disbursed today to help modernise the energy systems in nine Member States through 19 selected projects. These investments will help lower-income EU countries to meet their 2030 climate and energy targets and will...
European Green Deal: EU Modernisation Fund invests €2.4 billion to accelerate the green transition in seven EU countries
Today, the European Union’s Modernisation Fund has disbursed €2.4 billion to 31 projects in seven beneficiary countries to help modernise their energy systems, reduce greenhouse gas emissions in energy, industry and transport, and improve energy efficiency. It is the...
European Green Deal: €4.11 billion from the Modernisation Fund to accelerate the clean energy transition in 8 Member States
In its second year of operation, the Modernisation Fund has disbursed a total of €4.11 billion in support of 61 projects in eight beneficiary countries. These projects will help modernise energy systems, reduce greenhouse gas emissions in energy, industry, transport...