The European Commission has announced €100 billion in aid for green manufacturing, part of the 'Clean Industrial Deal' to cut carbon emissions.
Raluca Ioana Draghici
Economy
Shutterstock
Always see our news on Google
The financial aid is designed to support organic production in the face of competition from China and the US. The commission faces funding constraints and its plan aims to mobilize more than €100bn for clean production. The funding will focus on an 'industrial decarbonization bank' and is expected to attract private sector investment.
Sources
Latest News
17:54
The Belgian Minister of the Interior, Bernard Quintin, expressed shock at the machine gun attack on a police station in Anderlecht.
17:45
The General Staff of Ukraine estimates Russia's losses since the beginning of the invasion at 1.47 million soldiers
17:34
Investigations and accusations of inappropriate behavior against a former deputy director of the Operetta Theater in Bucharest
17:26
A villa on the private island of Isola d'Isca, along the Amalfi Coast, is available for rent at 300,000 euros per week.
17:16
General Alexus Grynkewich led a meeting of NATO defense chiefs regarding security in the Strait of Hormuz
See more news
NEWS ON THE SAME TOPICS
.webp)
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
