EU outlines funding for Green Deal

China Daily (Europe) | Jan 16, 2020 at 12:00 AM
  • The European Commission on Tuesday unveiled the funding details for an ambitious 1-trillion-euro ($1.1 trillion) investment plan over the next decade to make Europe the first climate-neutral continent by 2050.
  • About half of the 1 trillion euros is expected to come from the EU’s long-term budget.
  • The EU green investment plan includes a 100 billion euro Just Transition Fund to help countries like Poland during the transition.