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REPowerEU: Court of Auditors sees problems with funding

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Published: July 28th, 2022,
Last updated: February 15th, 2023

Europe’s Energy Independence Plan (REPowerEU) may not be sufficient to achieve the plan’s goals, according to the European Court of Auditors. This was revealed in an opinion issued by the auditors on Tuesday. The main problem is funding to advance energy diversification, environmental transformation and gas independence from Russia. This is because the majority of the sources of funding for REPowerEU are not under the control of the Commission.

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Energy policy Climate & Environment Emissions trading Financial policy Climate Policy