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Climate Action
  • News article
  • 14 January 2020
  • Directorate-General for Climate Action
  • 1 min read

Financing the green transition: The European Green Deal Investment Plan and Just Transition Mechanism

The European Union is committed to becoming the first climate-neutral bloc in the world by 2050. This requires significant investment from both the EU and the national public sector, as well as the private sector. The European Green Deal's Investment

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The European Union is committed to becoming the first climate-neutral bloc in the world by 2050. This requires significant investment from both the EU and the national public sector, as well as the private sector. The European Green Deal's Investment Plan - the Sustainable Europe Investment Plan - presented today will mobilise public investment and help to unlock private funds through EU financial instruments, notably InvestEU, which would lead to at least €1 trillion of investments.

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Publication date
14 January 2020
Author
Directorate-General for Climate Action