Portugal invests €3.1Bn through Sustainable 2030

 In News, Portugal 2030, Sustainable Development

The Portuguese government and the European Commission presented the new ‘Thematic Programme for Climate Action and Sustainability – Sustainable 2030, which is financed with €3.1Bn of EU funds via the Cohesion Fund, and is aimed at supporting sustainability and climate transition, sustainable urban mobility, rail transport networks and shipping ports with the aim of carbon neutrality by 2050.

This new programme was presented in a ceremony at the Cruise Ship Terminal at the Port of Leixões and counted on the presence of the Minister of the Presidency, Mariana Vieira da Silva, and the António Vicente, a representative of the European Commission in Portugal.
This will be one of 12 financing programmes created to channel funds into projects on the back of Portugal 2030, and will apply EU funds for the period 2021-2027. It arises as a result of the Partnership Agreement signed between Portugal and the European Commission in July, 2022 that established the main priorities for the application of Cohesion Policy Funds, and the European Fund for Maritime Affairs, Fisheries and Aquaculture. (FEAMPA)