European Investment Bank approves €6.1B for a broad range of corporate R&D projects – Science Business

Financing is part of a financing portfolio worth over 15B to encourage companies to invest in climate change-related technologies and end Europe’s dependence on imports of fossil fuel from Russia

and business investment projects.

The selected companies and organisations will receive funding to research and develop products including more efficient batteries and household heating systems, and to strengthen aerospace innovation.

The money is part of EIB’s new 15.1 billion financing portfolio aimed at accelerating private sector investment in climate action, sustainable transport and urban development, across Europe and around the world.

Other investments include 4.4 billion for climate action, clean energy and water; 3.3 billion for sustainable transport, and 1.3 billion for health, education, urban development and housing.

The announcement came as the EIB adapts its investment strategy to tackle the unprecedented energy crisis triggered by Russia’s invasion of Ukraine.

EIB president…

Read Full Story: https://sciencebusiness.net/news/european-investment-bank-approves-eu61b-broad-range-corporate-rd-projects

The post European Investment Bank approves €6.1B for a broad range of corporate R&D projects – Science Business first appeared on SEO, Marketing and Social News | OneSEOCompany.com.

source: https://news.oneseocompany.com/2022/09/15/european-investment-bank-approves-61b-for-a-broad-range-of-corporate-rd-projects-science-business_2022091530373.html

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.