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Story summary
- The European Investment Bank (EIB) will provide 3 billion euros ($3.5 billion) to EU governments to fund cleaner-technology investments ahead of the carbon market launching in 2028.
- The funding aims to shield low- and middle-income households from rising fuel costs tied to carbon pricing on heating and transport fuels.
- The initiative responds to affordability concerns raised by Poland and the Czech Republic, with financing repaid through future carbon-market revenues.
