LEAKED: Europe’s draft ‘green recovery’ plan

  • The European Commission’s promised green recovery plan will focus on building renovation, renewables and hydrogen as well as clean mobility and the circular economy.
  • Yesterday, EURACTIV got hold of a draft presented as “a working document” related to the green aspects of the recovery plan.
  • On the funding side, the Commission plans to launch a “European Renovation Financing Facility”, tentatively financed with €91 billion per annum and blended with other sources of funding to reach €350 billion in investment per year.

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