Source-linked briefing Environment

EU Channels €2.5B ETS Proceeds Into 51 Clean Energy Projects

EU Channels €2.5B ETS Proceeds Into 51 Clean Energy Projects

The European Commission and the European Investment Bank announced the disbursement of €2.5 billion to support 51 energy-related projects across 11 EU member states. The funding, drawn from emissions trading revenues, targets cleaner and more resilient energy systems.

Original headline

€2.5 bn EU emission trading revenues invested in cleaner energy systems