For the first time, the European Commission has reserved substantial resources for the energy sector under the European Regional Development Fund. A minimum 50% of the funds will be used for investments in the 'low-carbon economy'. The Regional Development Committee today adopted a Report by Lena Kolarska-Bobińska MEP on financing the energy sector from the Cohesion Policy funds. In the Report, the Parliament emphasises that the funded projects should primarily support the objectives of cohesion policy - building regional development and minimising the differences between regions.
http://regional-cooperation.eu/cohesion-policy-50-funds-be-used-clean-energies-projects http://pipes.yahoo.com/pipes/pipe.info?_id=5d82ddc85603e45bd143a7e19c42ecb5