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Home > Archives for Modernisation Fund

Modernisation Fund

Unfit for 55: How EU climate money is supporting gas-fired heating in Slovakia

October 3, 2024

Despite a marked drop in fossil-gas consumption, Slovakia supported district heating systems to run on fossil gas with EUR 55 million from the EU’s Modernisation Fund.


EU climate fund bankrolling dirty energy expansion

June 25, 2024

As global temperatures continue to soar and climate disasters hit the most vulnerable, the EU’s little-known Modernisation Fund is propping up unsustainable energy infrastructure.


Energy insecurity: EU funds for fossil gas in Poland and Romania contradict climate goals

June 6, 2023

This report reveals how much EU public money has been channelled toward the expansion of fossil gas infrastructure in Poland and Romania since 2014 as well as what plans these two countries have for using various EU funding sources to finance additional fossil gas projects in coming years.  


Towards energy democracy: launch of new financing tracker for energy communities in the EU

May 19, 2023

The EU’s Multiannual Financial Framework 2021-2027 offers a unique opportunity to use public finances to accelerate the energy transition. But to succeed, this transition must be inclusive, equitable and citizen-centred.


Potrebujeme obnoviť školy či úrady, ak budú v zlom stave, prídeme o ne (rozhovor)

February 13, 2023

Juraj Melichár v relácií Na rovinu Zdroj: Branislav Wáclav/Aktuality.sk …


The Modernisation Fund in central and eastern Europe

December 13, 2022

This briefing gives insights into the Modernisation Fund, a funding programme to support 10 lower-income EU Member States in their transition to climate neutrality by modernising their energy systems and improving energy efficiency.


Modernisation Fund to boost fossil fuels in Poland

January 21, 2022

Billions of euros earmarked for a green transformation and renewables may instead finance fossil gas and waste incineration. Fears are coming true that without transparent public oversight, the Modernisation Fund would become a pipeline for projects harmful to the climate and environment. The Polish example shows that investments banned from the Cohesion and recovery funds are moved to the Modernisation Fund.


The ETS Modernisation Fund: Catalysing a locally-driven energy transition in central and eastern Europe

June 21, 2016

Energy Cities, Counter Balance, CEE Bankwatch Network and Change Partnership see the ongoing revision of the European ETS as a crucial opportunity to support the EU in meeting its 2030 climate targets, deliver on the Paris agreement and accelerate the locally driven energy transition. We welcome the proposal to establish an ETS (Emission Trading System) Modernisation Fund for low-income Member States.


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