Monday, June 27, 2022
  • Janam TV Malayalam
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Services
Janam TV English
  • Home
  • News
    • Kerala
    • India
    • Gulf
    • World
  • Business
  • Defence
  • Tech
  • Science
  • Health
  • Podcast
  • More …
    • Travel
    • Entertainment
    • Lifestyle
    • Sports
    • Guest Column
    • Auto
No Result
View All Result
  • Home
  • News
    • Kerala
    • India
    • Gulf
    • World
  • Business
  • Defence
  • Tech
  • Science
  • Health
  • Podcast
  • More …
    • Travel
    • Entertainment
    • Lifestyle
    • Sports
    • Guest Column
    • Auto
No Result
View All Result
Janam TV English
No Result
View All Result
  • News
  • Business
  • Defence
  • Health
Home News World

EU allocates $35bln to cross-border transport, energy Projects by 2027

by Janam Web Desk
Jul 7, 2021, 09:02 pm IST
in World

Moscow, Jul 7 (UNI/Sputnik):   The European Parliament on Wednesday approved the upgraded Connecting Europe Facility, a funding instrument for strategic investment in transport, energy, and digital infrastructure worth 30 billion euros ($35 billion), with 60% of funds earmarked for climate-related projects in member states.

“The upgraded Connecting Europe Facility programme, agreed between Parliament and Council in March and worth €30 billion for 2021 to 2027, will fund transport, energy and digital projects with an EU added value,” the EU legislature said in a release.

The program allocated 23 billion euros to transport projects, 5 billion euros to energy projects, and 2 billion euros to digital projects. About 10 billion euros was allocated to cross-border transport to help EU countries complete previously identified missing transport links, another 1.4 billion euros will be spent on fast tracking the completion of major missing cross-border railway projects.

“MEPs succeeded in earmarking 60 percent of CEF funds for projects that help achieve the EU’s climate objectives, while 15 percent of energy pillar funds will go to cross-border renewable energy projects,” the news release read.

The new fund will cover such “essential Trans-European” projects as the Rail Baltica railroad linking the Baltic countries to Finland and Poland, the infrastructure for alternative fuels charging, and the launch of 5G connectivity along important transport routes.

Tags: fundingEU fundingMAINFEATUREDEuropean UnionConnecting Europe FacilityEnergy projectstransport projects
Share32TweetSendShare

Comments

Refrain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks, name calling or inciting hatred against any community. Keep the conversation civil.

Related News

‘Jananayakan’ awards presented; Janam TV’s mission is historical, says Goa Governor
News

‘Jananayakan’ awards presented; Janam TV’s mission is historical, says Goa Governor

Won’t appear before CB now, says Swapna Suresh; submits anticipatory bail plea again
News

Won’t appear before CB now, says Swapna Suresh; submits anticipatory bail plea again

Cannot justify, not the proper way to show variance; Sitaram Yechury on SFI attack
News

Cannot justify, not the proper way to show variance; Sitaram Yechury on SFI attack

Latest News

Internal Grievance Redressal Cell in each film set: Decision taken at the Film Organization Meeting

Internal Grievance Redressal Cell in each film set: Decision taken at the Film Organization Meeting

G-7 Summit: PM meets various world leaders

G-7 Summit: PM meets various world leaders

India, UK to hold fifth round of FTA talks next month in Delhi

India, UK to hold fifth round of FTA talks next month in Delhi

Great acceptance for Agnipath: IAF alone received over 60,000 applications

Great acceptance for Agnipath: IAF alone received over 60,000 applications

Two DYFI activists arrested in Gandhi statue vandalism case

Two DYFI activists arrested in Gandhi statue vandalism case

Sri Lankan financial crisis: Schools closed; Work from home to save fuel

Sri Lankan financial crisis: Schools closed; Work from home to save fuel

Akhilesh Yadav is very arrogant, he cannot defeat BJP, Owaisi’s criticism

Akhilesh Yadav is very arrogant, he cannot defeat BJP, Owaisi’s criticism

Militant dies in Kulgam : Police

Militant dies in Kulgam : Police

  • Janam TV Malayalam
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Services

© Janam Multimedia Limited

No Result
View All Result
  • Home
  • News
    • Kerala
    • India
    • Gulf
    • World
  • Business
  • Defence
  • Tech
  • Science
  • Health
  • Podcast
  • More …
    • Travel
    • Entertainment
    • Lifestyle
    • Sports
    • Guest Column
    • Auto

© Janam Multimedia Limited