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...
Modernisation Fund invests €2.4 billion to accelerate the green transition in 7 beneficiary countries
Today, the Modernisation Fund made available €2.4 billion to seven beneficiary countries to help modernise their energy systems, reduce greenhouse gas emissions in energy, industry and transport, and support them in meeting their 2030 climate and energy targets....
Modernisation Fund invests nearly €900 million during first year of operation
Support for 26 investment proposals in eight beneficiary countries to modernise their energy systems and improve energy efficiency In its first year of operation, the Modernisation Fund made available €898.43 million to eight beneficiary countries to help modernise...
Session on Modernisation Fund as part of the EU Sustainable Energy Week
As part of the EU Sustainable Energy Week (EUSEW) 2021 Extended Programme, the European Commission organised a dedicated session on “Modernisation Fund: First investments in decarbonising the energy systems in CEE countries” on 21 October 2021. The European Commission...
Modernisation Fund: First € 304 million to support climate neutrality in 3 beneficiary countries
Following the positive disbursement decision by the European Commission, the European Investment Bank has made the first payments from the Modernisation Fund.