EU Commits Up to €25 B for Renewable Energy and Clean Tech by 2035 via Pact for the Mediterranean

The European Union disclosed a funding plan for clean energy. Up to €25 billion will be mobilised by 2035. The money targets renewable energy and clean‑technology projects. Funding will be channeled through the Pact for the Mediterranean. The initiative seeks to accelerate the region’s green transition. Member states are expected to coordinate investment efforts. The plan aligns with broader EU climate objectives. Stakeholders will monitor progress as projects are approved.