Europe’s structural funding cash pool for energy efficiency and renewables projects has soared by 40% to an estimated €38-39 billion and could be used to broker a 2030 clean energy targets deal with cost-concerned east European states, EurActiv has learned.
Mathieu Fichter, a policy officer in the EU’s Regional Policy directorate, told EurActiv that this could offer a carrot to east European states, enabling a smoother adoption of the Commission’s proposed 2030 energy and climate package in October.
“It is indirectly obvious,” he said. “We know what the challenge of the 2030 targets means for a lot of member states. There is a need for significant additional investment and a lot of what we will provide in next seven years will help them to finance at least a part of what they’ll have to do.”
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