Continued EU funding commitment to support energy efficiency in urban areas ...Middle East

european union - Economy
source : european union ( Middle East ) () 25
The European Commission has provided fresh funding to continue the work of the European Local Energy Assistance (ELENA) facility, implemented by the European Investment Bank (EIB). Under the new agreement, the initiative will support projects across its sustainable energy (€30 million) and sustainable transport (€5 million) portfolios. This will further stimulate investments in energy efficiency, especially in buildings, heat networks, street lighting and clean urban transport. The EIB will ensure the selection of high-quality projects and will lend its expertise to assist with their successful implementation.

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