News
![Rondo project](https://climate.ec.europa.eu/sites/default/files/styles/oe_theme_ratio_3_2_medium/public/2024-06/4059da69-b552-4f11-bd62-cbbb71e88c4b.jpg?h=f3e1bf00&itok=ftPcT85i)
A joint initiative by the the European Commission, European Investment Bank (EIB) and Breakthrough Energy Catalyst will boost climate-friendly production of foods, clean fuels and chemicals in Europe.
![Modernisation Fund](https://climate.ec.europa.eu/sites/default/files/styles/oe_theme_ratio_3_2_medium/public/2021-12/Modernisation-fund_WEB3.jpg?itok=KgWwc-5F)
Today, the European Union has disbursed €2.967 billion via the Modernisation Fund to support 39 energy projects in 10 EU Member States.
![EU/China High-Level dialogue on Environment and Climate, Brussels](https://climate.ec.europa.eu/sites/default/files/styles/oe_theme_ratio_3_2_medium/avportal/P-064043/00-05.jpg?itok=l9ThDWzr)
On 18 June, Executive Vice-President of the European Commission Maroš Šefčovič and Vice-Premier of the People’s Republic of China Ding Xuexiang chaired the Fifth EU-China High Level Environment and Climate Dialogue (HECD) in Brussels, Belgium.