Deal on establishing the Social Climate Fund to support the energy transition

Negotiators agreed to establish the Social Climate Fund (SCF) to benefit vulnerable households, micro-enterprises and transport users that are particularly affected by energy and transport poverty. Only measures and investments that respect the principle of ‘do no significant harm’ and aim to reduce fossil fuel dependency will receive support. (Source: European Parliament) Additional information European Green Deal: €4.11 billion from the Modernisation Fund to accelerate the clean energy transition in 8 Member States. (Source: European Commission)

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