Six Member States looking to expand gas, waste and nuclear energy with billions from EU climate fund
Briefing | 6 October 2025
Intended to drive the energy transition in the EU’s lower-income Member States, the Modernisation Fund has been doling out billions to fossil gas and other harmful energy infrastructure.
This issue paper, based on an analysis of the 2024 annual reports submitted by beneficiary countries, reveals that six governments are still looking to secure more than EUR 3 billion in Modernisation Fund financing for fossil gas pipelines, waste incinerators, and – for the first time – nuclear power between 2025 and 2026.
Institution: EU funds
Theme: Modernisation Fund
Project: Fossil gas | Modernisation Fund
Tags: EU funds | Modernisation Fund | energy transformation | fossil gas
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