Politics

Europe Pitches State-Aid Revamp in $1 Trillion Green Deal Plan

  • EU Commission unveils investment plan for climate neutrality
  • Special fund to help regions most affected by green shift

   

Photographer: Chris Ratcliffe/Bloomberg

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The European Green Deal is set to revamp the way the region’s authorities control state aid, with regulators pledging to allow a more flexible use of public support to help finance the unparalleled bid for climate neutrality.