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EU Unveils €2.9 Billion Plan to Fuel Green Transport Transition by 2027

Summary by Monaco Life
The European Commission has announced a €2.9 billion plan to accelerate the production and deployment of green fuels across Europe’s hardest-to-decarbonise transport sectors: aviation and maritime. Aimed at cutting carbon emissions and strengthening energy resilience, the new funding initiative is part of the EU’s broader push to meet its binding target of climate neutrality by 2050. Commercial planes and ships currently contribute approximately…
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Monaco Life broke the news in Monaco on Saturday, November 8, 2025.
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