Sustainable Europe Investment Plan: Wind Industry Ready to Deliver

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The European Commission unveiled yesterday its Sustainable Europe Investment Plan, the financial pillar of the European Green Deal.

The EU aims to mobilise €1 trillion in investments over the next 10 years to support the transition towards climate neutrality by 2050. Half of this amount will come from the EU budget, while Member States are expected to co-finance another €100 billion. The rest will come from private and public investments. The European Investment Bank, the largest multilateral provider of climate finance worldwide will play a major role here. It has already committed to increase its climate finance to 50% of all its lending. It has also laid out a new energy-lending policy to stop financing traditional fossil fuels and focus fully on energy efficiency,... ... More: Official Press Release WindEurope

Keywords:

Europe, Green Deal, money, investment, plan, country, sustanability, wind sector, solar, Commission, Ursula von der Leyen