In 2020, as the continent emerged from lockdown, the European Union set out its NextGenerationEU plan, a comprehensive response to support the EU’s economic Recovery.
The initiative sees just over €800bn devoted to securing a just transition to net zero carbon emissions, research and innovation and economic resilience throughout the bloc in the years to 2027.
As part of the programme, more than €6bn has been dedicated to InvestEU – a combination of direct funding, advice and project matchmaking – aimed at crowding in private investment in sustainable infrastructure.
GIIA members are supporting the response through existing and newly acquired assets totalling over €335 billion across 23 EU countries, providing:
- 29,481 megawatts of power from sustainable wind, solar, hydro, energy from waste and biomass sources
- 179,000 telecommunication towers and masts
- 2,462km of rail track and 18,000 carriages of rolling stock
- 41 airports and 51 sea and inland ports and terminals
- Utilities to 100 million customers
Download our full EU infographic (at the top right of this page) for a full country-by-country breakdown.