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MEPs in the industry and energy committee want at least €5 billion of EU guarantees to go into energy efficiency projects (Photo: arbyreed)

MEPs want Juncker fund to focus on energy saving projects

The European Parliament wants almost a quarter of the new EU investment fund to go to energy saving projects.

MEPs in the assembly's industry and energy committee voted on Tuesday (14 April) to call for at least €5 billion of the €16 billion guarantee provided by the EU budget to go into energy efficiency projects.

The EU (€16 billion) and the EU's investment bank (€5 billion) will guarantee €21 billion for the so-called Juncker fund – the commission’s flagship growth project – wh...

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