Investment Plan backs regional sustainability projects in the Netherlands

The European Investment Bank (EIB) has signed a €30 million loan with Limburgs Energie Fonds (LEF), a fund established by the Province of Limburg in the Netherlands which invests in small to medium sized projects in the areas of reduction of CO2 emissions, removal of asbestos in buildings and circular economy initiatives. European Commission Vice-President Jyrki Katainen, responsible for Jobs, Growth, Investment and Competitiveness, said: “Investments in energy-efficiency projects and the circular economy are at the core of the Investment Plan for Europe’s objectives. In EFSI 2.0, 40% of investments should go to projects that are helping to reach the COP 21 climate goals. The fund set up by the Province of Limburg will lead to a greater number of sustainable investments and jobs in the region. With COP 23 still underway, this project is showing the way for climate-friendly growth.”