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Unused recovery funds targeted toward energy savings

05 May 2010

CAN Europe and EEB welcome the European Commission's announcement today that unspent money from the Economic Recovery Fund will be used to leverage money for energy efficiency and renewables undertakings.

"Energy efficiency and renewables projects have enormous potential to generate safe local jobs, at the same time as contributing at low or negative cost to the achievement of climate and resource efficiency objectives," said Erica Hope, CAN Europe Energy Savings Policy Officer. 

Green groups have been campaigning to ensure the Commission kept its earlier promise to channel unused recovery funds into efficiency and renewables projects. 

Links to complete press release and NGO letter to the Commission

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