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Member States must decide: cash for climate or cash for carbon?

June 25, 2019 by Katie Treadwell

Over 3 billion euros of EU money meant for Europe’s poorer regions could be up for grabs by the fossil fuel industry if EU Member States do not change their current position on 25 June. The funding, which is part of the 374 billion Euro ‘Cohesion Policy’ pot, was - in the European Commission’s proposal - meant to go to sustainable economic activities. Yet if EU Member States get their way, a significant portion of the funding would be made … [Read more...]

Filed Under: Climate policy, Community, Investment, Oil, Gas & Coal, Platform, Policies, Renewables, Transport and energy Tagged With: ERDF, EU Funds, finance, Fossil fules, just transition, MMF

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      Recent Posts

      What does cutting-edge Smart Metering look like as Grids become increasingly complex?

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      Carbon Footprints for every product: the need for sector-specific, comprehensive granular data and accounting

      Improved “Solar Thermochemical” process captures 40% of the sun’s heat to produce Green Hydrogen

      Italy: 71 GWh of additional Grid Storage required by 2030 says Terna

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