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Home > Archives for Modernisation Fund

Modernisation Fund

Six Member States looking to expand gas, waste and nuclear energy with billions from EU climate fund

October 6, 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.


EU climate fund shrinks support for dirty energy

July 4, 2025

In its largest investment round to date, the EU’’s Modernisation Fund extended support to multiple schemes and projects to advance the energy transition, but damaging projects still get a slice.


Keeping the flame alive with emission revenues: How the EU Modernisation Fund props up fossil gas and waste incineration

May 8, 2025

In operation since 2021, the Modernisation Fund was designed to channel EU emission trading revenues into investments in the energy transition in 13 lower-income Member States.


Closing the door on waste incineration for district heating in central and eastern Europe

December 2, 2024

Member States and public financing must align with EU principles and avoid investments that lock them into unsustainable practices like waste incineration.


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.


The Modernisation Fund: An open door for fossil gas in Romania

March 26, 2024

The Modernisation Fund is supposed to channel revenues from the EU’s carbon market into the energy transition in central and eastern Europe. But it’s actually being used to further deepen the region’s dependence on fossil gas. 


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 …


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