Momentum is building…

http://www.greeneconomyinitiative.com/news/180/ARTICLE/1463/2009-03-11.html

 

€105B Announced for Energy Efficiency and Low Carbon Economy in Europe

By JOSEPH GREEN

 

March 11th, 2009

 

European Commissioner for Regional Policy Danuta Hübner, has announced €105 billion ($135 billion at current conversion rate) investment in the "green economy" to assist in the revival of economies and long term job generation, through the EU Cohesion Policy.

The funding, which is nearly triple the total budgeted funding to support the green investment in the 2000-06 period, represents more than 30% of the regional policy budget for 2007-2013. It also offers a solid platform for job creation and a significant boost for investment in green technologies in regions and cities across Europe…………