Politics

Poland Poised to Gain Most From EU’s $111 Billion Climate Fund

  • EU Commission circulates estimates of expected cash allocation
  • Germany, Romania among biggest beneficiaries from EU mechanism

Steam and smoke rise from the Belchatow Power Station in Rogowiec, Poland.

Photographer: Sean Gallup/Getty Images

Lock
This article is for subscribers only.

Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.

The European Union made Poland an offer it may find hard to refuse: some 27 billion euros ($30 billion) in investments to encourage Warsaw to jump on the bandwagon and commit to eliminate carbon emissions like all its EU peers.