The Commission has today selected 85 innovative net zero emission projects to receive €4.8 billion in grants from the Innovation Fund to help deploy cutting-edge clean technologies across Europe. The 2023 call for proposals awards for the first time projects of various sizes (large, medium and small, as well as pilot projects) focusing on clean […]
EU to invest more than €380 million in 133 LIFE projects to boost Europe’s green transition
The Commission has granted more than €380 million to 133 new projects across Europe under the LIFE Programme for environment and climate action. The allocated amount represents more than half of the €574 million total investment needs for these projects – the remainder coming from national, regional and local governments, public-private partnerships, businesses, and civil society organisations. LIFE […]
Commission to invest €865 million to support fast and secure digital connectivity networks
the Commission has adopted the second Work Programme for the digital part of the Connecting Europe Facility (CEF) Digital, which defines the scope and objectives of EU-funded actions to improve Europe’s digital connectivity infrastructures. These actions will receive around €865 million of funding from 2024 to 2027. Improving Europe’s connectivity infrastructure is fundamental for achieving Europe’s 2030 Digital Decade objectives […]
Mario Draghi outlines his plan to improve Europe’s competitiveness
On Tuesday, Mario Draghi outlined his blueprint for improving Europe’s competitiveness through closer cooperation in core areas and massive investment in shared objectives. Mr Draghi, author of a report on European competitiveness requested by the President of the European Commission, said that the EU needed to focus on three crucial issues: closing the innovation gap […]
European Commission and EIF join forces to boost investment in defence innovation
The European Commission and the European Investment Fund (EIF) have joined forces to step up their support to EU’s defence and security through the launch of the Defence Equity Facility. The initiative, consisting of €100 million from the European Defence Fund and an additional €75 million from the European Investment Fund, will significantly expand EIF’s investment capacity to support, […]
Brazil: EIB lends €300 million to Banco Santander Brasil for small-scale solar energy investments
The European Investment Bank (EIB), the world’s largest multilateral public bank, and Banco Santander (Brasil), the largest foreign bank in Brazil, have signed an agreement to foster the use of renewable energy in Brazil. Ricardo Mourinho Félix, Vice-President of the EIB, and Carlos Rey de Vicente, Banco Santander’s Regional Head for South America, signed a […]
European Commission launches call for applications for Global Gateway Business Advisory Group
The European Commission has launched a call for applications for up to 60 participants to join the Global Gateway Business Advisory Group. The group will bring together directors or senior leaders of European companies and trade associations to exchange views on the development of the Global Gateway with the President of the European Commission and […]
EIB lends Zunder €40 million to accelerate the electrification of transport in Spain
The European Investment Bank (EIB) and Zunder, an operator of independent electric vehicle (EV) ultrafast charging infrastructure in Spain, have signed a EUR 40 million loan to finance the installation of a network of fast and ultrafast chargers along the Trans-European Transport Network (TEN-T) in Spain. The project complies with the EU’s sustainable transport and […]
European Commission signs agreement with ICO to invest €150 million in sustainable infrastructure in Spain
The European Commission and the Instituto de Crédito Oficial (ICO) signed an agreement under the InvestEU guarantee scheme for up to €75 million. The guarantee package will help leverage ICO funding of up to €150 million to invest in sustainable infrastructure in Spain and other Member States. This public investment is expected to mobilise an […]