News
Joint press release: Investment of €3.66 billion from EU emissions trading revenues in cleaner energy systems
Today, the European Commission and the European Investment Bank announced that €3.66 billion have been disbursed from the Modernisation Fund to support 34 energy related projects in nine EU Member States. These investments will support the modernisation of energy...
Modernisation Fund makes new disbursement of almost EUR 3 bn to 8 beneficiary countries
Disbursements were made to Romania (€860 million), Czechia (€428 million), Poland (€1 billion), Lithuania (€126 million), Hungary (€79 million), Slovakia (€118 million), Slovenia (29 million) and Estonia (€60 million). These funds will help the eight beneficiary...
EU invests close to €3 billion of emissions trading revenues for cleaner energy systems in 10 EU countries via the Modernisation Fund
Today, the European Union has disbursed €2.967 billion via the Modernisation Fund to support 39 energy projects in 10 EU Member States. These investments will support the modernisation of energy systems, reducing greenhouse gas emissions in the energy, industry and...