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Commission proposes a public loan facility to support green investments together with the European Investment Bank

28. 05. 2020
12:32
Evropská komise Vivian Loonela / Sara Soumillion

Today, the European Commission presents its proposal for a public sector loan facility under the Just Transition Mechanism. The facility will be implemented with the involvement of the European Investment Bank and will encourage investments that support the transition towards a climate-neutral economy by public sector authorities to the benefit of coal- and carbon-intensive regions. The facility will include €1.5 billion in grants from the EU budget and up to €10 billion in loans from the European Investment Bank's own sources. The facility will mobilise up to between €25 and €30 billion of investments for helping territories and regions most affected by the transition to a climate-neutral economy, prioritising those that have less capacity to deal with the costs of the transition.

# EU
# Subsidies
# Renewables
Commission proposes a public loan facility to support green investments together with the European Investment Bank

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Commodity data

26.11.2020
€/MWh okte
Base
58.2546
23.846 %
Peak
69.9225
30.0924 %
Offpeak
46.5867
15.5208 %
26.11.2020
€/MWh elix
Base
30.8967
0 %
Peak
33.3208
0 %
Offpeak
28.4725
0 %
25.11.2020
€/MWh ote
Base
60.4121
10.5563 %
Peak
74.8567
13.5454 %
Offpeak
45.9675
6.01157 %

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