Up to €100 million for critical raw materials
InvestEU is channelling investment for securing the critical raw materials needed to deliver the green and digital transitions while creating the jobs of the future requires massive investments.
The European Union (EU) and the European Bank for Reconstruction and Development (EBRD) developed, under the InvestEU umbrella, an agreement on a new facility enabling equity investments for the exploration for critical and strategic raw materials.
With around €100 million in investments aims at preventing supply chain disruptions and ensuring that industrial sectors have the necessary resources while maintaining EU environmental and social standards.
The facility will be used to fund – amongst others in the framework of Horizon Europe – responsible exploration activities delivered under high climate, governance, environmental and social standards.
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