France aims to spend €30bn on decarbonising its economy

Euronews | May 3, 2021 at 9:56 PM
  • Just over €40 billion of this will be provided by the European Union, as part of the bloc’s so-called Recovery and Resilience Facility in order to support businesses, rethink production models, transform infrastructure and invest in training.
  • This means that roughly €20 billion from the EU’s Recovery and Resilience Facility will be used on climate goals.
  • Paris intends to focus its climate action on improving energy efficiency in buildings, including the support of thermal renovations in buildings, as well as the decarbonisation of industry, green hydrogen, cleaner transport and transformation of the agricultural sector.