EU to channel €200bn into low carbon investment via strategic fund and create sustainable finance expert group
Move outlined in Jean-Claude Juncker’s State of the Union address 2016.
The European Commission (EC) is to channel €200bn of its giant European Fund for Strategic Investment (EFSI) into low carbon energy, with EFSI itself expanded from €300bn to €500bn by 2020 and to €630bn by 2022, under moves outlined in the State of the Union 2016 speech yesterday…
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