The decision on EU green financing has been taken, now it needs to be spent wisely, says Energy Commissioner

The decision on EU green financing has been taken, now it needs to be spent wisely, says Energy Commissioner

30% of the EU’s €1.8 trillion budget and recovery plan for 2021-2027 will be made available for the green transition. That amount is no longer up for negotiation and the focus must now shift to spending it well, said Kadri Simson, the EU’s energy commissioner. “Naturally I understand the wish to have an even greater pool of funds available,” said Simson, who spoke on Thursday (29 October). “However, I think now it is important to have a rapid agreement on the recovery package and that the money is used well,”…

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