EU eyes €1 trillion ‘Green Deal’
European Commission President Ursula von der Leyen is proposing a transition fund to bankroll the sort of deep changes needed for the 'Green Deal', which will make available up to €100 billion a year. – EPA pic, January 14, 2020.
GOING green can be a costly business, as the EU’s executive body will make clear today when it launches a €1 trillion plan to finance its goal of making the bloc carbon neutral by 2050. That figure represents a 10-year investment to be sourced from public funds and leveraged private sector money. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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