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News alert
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Financing the green transition
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The European Union is committed to becoming the first climate-neutral bloc in the world by 2050. This requires significant investment from both the EU and the national public sector, as well as the private sector:
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- The European Green Deal Investment Plan will mobilise public investment and help to unlock private funds through the EU financial instruments, notably InvestEU, which would lead to at least €1 trillion of investments.
- The Just Transition Mechanism will provide targeted support to help mobilise at least €100 billion over the period 2021-2027 in the most affected regions, to alleviate the socio-economic impact of the transition.
More information
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