Joint press release: Modernisation Fund announces €1.8 billion in new clean energy investments, bringing 5-year total to over €20 billion Today, the European Commission and the European Investment Bank announced the disbursement of €1.8 billion  from the Modernisation Fund to support 45 clean energy-related investments in 12 different M...

Financed by revenues from the EU #EmissionsTradingSystem the #ModernisationFund supports 45 #cleanenergy investments in the EU, specifically those that will reduce CO2 emissions in the energy, industry, transport sectors, and improve #energyefficiency ec.europa.eu/commission/p... #ActOnClimate

€5.2 billion of EU Emissions Trading revenues earmarked for clean transition technologies under the Innovation Fund The European Commission has announced the opening of three new funding opportunities under the Innovation Fund with a total budget of €5.2 billion in EU Emissions Trading System (EU ETS) revenues.

The Commission will open three new funding opportunities under the #InnovationFund with a budget of €5.2 bn in EU #EmissionsTradingSystem revenues, a major step forward in achieving the EU's climate objectives 2030 and climate neutrality 2050 speeding up #cleantransition ec.europa.eu/commission/p...