1.4 billion euro from the EU Cohesion Policy Fund have been invested in 7 Member States green projects

March 18, 2020

Hat: 1.4 billion euro from the EU Cohesion Policy Fund have been invested in 7 Member States green projects

Funding Scheme: 2020-03-18

Pgm2014 2020: Yes

Isfondstruct: Yes

Amorce:

On the 17th March the European Commission has approved the investment of more than 1.4 billion euro of the EU Cohesion Policy Fund in 14 large infrastructure projects in 7 Member States which cover several areas such as environment, health, transport and energy for a smarter, low-carbon Europe.

Text:

Among the 14 projects supported, the purchase of 21 new electric trains was financed to boost service quality, reduce delays and encourage more people to use a sustainable transport type.

And a second investment of 107 million euro was made to upgrade Porto’s metro line system to make the city’s public transport more appealing, to reduce traffic and pollution and to guarantee safer, faster and more comfortable journeys for passengers.

Url description: European Commission - Press corner

Url: https://ec.europa.eu/commission/presscorner/detail/en/ip_20_462