| Description | The European Commission and the European Investment Bank (EIB) have today announced the disbursement of €2.7 billion from the Modernisation Fund to support 39 clean energy projects across eight EU Member States, including Slovenia’s first-ever investment under this mechanism. This significant funding boost, sourced from revenues generated by the EU Emissions Trading System (EU ETS), aims to help lower-income EU countries accelerate their green transition and meet their 2030 climate and energy targets.
This latest allocation brings the total disbursements from the Fund in 2024 to €5.67 billion, supporting 77 projects in 11 countries, with the largest investments directed to Poland (€1.733 billion), Romania (€1.956 billion), and Czechia (€1.283 billion). |
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