Tag: Czech Republic (5 articles)

Finance   |   10 October, 2023 at 10:35 AM

EC approves €2.5 billion Czech scheme to support decarbonization

The European Commission has approved a €2.5 billion (CZK 60 billion) Czech scheme to help manufacturing companies decarbonize their production processes and improve their energy efficiency to foster the transition to a net-zero economy, in line with the Green Deal Industrial Plan.

Mobility   |   27 June, 2023 at 12:30 PM

New sustainable modern railway inaugurated in Czech Republic

The renovated railway service in South Moravia, one of the biggest Cohesion Policy investments in the Czech Republic, was inaugurated and opened to passengers. The renovation of this line, involving - 37 new electric units - will contribute to the de-congestion of traffic during peak hours in the busy South-Moravian railway, which transports approximately 22 million passengers every year.

Finance   |   8 February, 2023 at 10:17 AM

EIB supports investments in climate-friendly startups

EIB and Czech fund Inven Capital have doubled up on their strategic partnership, with the EIB committing a further €50 million to fund innovative clean-tech and decarbonisation startups. The EIB invested the initial €50 million alongside Inven over the period 2017-2022.

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Environment

EU boosts offshore energy goals

EU countries have updated their goals for the deployment of offshore renewable energy up to 2050 in each of the EU's 5 sea basins, with intermediate objectives to be achieved by 2030 and 2040.