Modernisation Fund – catalysing the clean energy transformation in central and eastern Europe
Publisher: CEE Bankwatch Network
Volume: 6 pages, pdf
Description:
The „Modernisation Fund“ will be established by amending „Directive 2003/87/EC to enhance cost-effective emission reductions and low-carbon investments“ (ETS revision post-2020). Within the framework of the EU’s 2030 climate and energy policies, the fund aims to support lower-income Member States in meeting their investment needs related to energy efficiency, including financing small-scale investments projects and the modernisation of energy systems.