Priyanka Shrestha, Energy Live News
Summary
Grants are being provided for electric buses and trams, wind farms and energy efficiency projects.
The European Investment Bank (EIB) has approved €4 billion (£3.5m) of new financing for transport, clean energy generation and access to clean water projects in 18 countries.
They include sustainable urban transport projects to increase the use of electric buses, trams and metro services in Rotterdam and Marseille and credit lines to enable energy efficiency investments in Denmark.
The funding will also support the construction and operation of two new wind farms off the French coast at Saint Nazaire and Fecamp, with a total capacity of 1GW as well as the modernisation of district heating and energy efficiency improvements in Belarus.
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