Belgian government releases €6m green steel fund

Belgian government releases €6m green steel fund

Belgium's Council of Ministers have agreed to make €6 million available for the development of green steel.

In order to reach urgent decarbonization targets, the federal government has decided to release €6 million in investment aid, the Council of Ministers announced on 28 October, based on a proposal from energy minister Tinne Van der Straeten.

According to Van der Straeten, green steel is indispensable to make the switch to 100% renewable energy, and ‘running ahead pays off the most.’

“By going green faster, we anchor industry and jobs at home, reduce our dependence on fossil fuels and reduce CO2 emissions”.

Read more from Steel Times International

Date posted 02/11/2022


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