Distribution of funding received from the European Union Emission Trading System's (EU ETS) Modernization Fund between 2021 and 2024, by beneficiary Member State
Characteristic
Share of funding
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The total disbursement of the EU's Modernisation Fund from 2021 to 2024 amounted to approximately **** billion euros. Romania and Czechia received the largest funding shares throughout this period, at ** and ** percent, respectively. Poland followed, with the remaining 14 percent disbursed between Slovakia, Croatia, Estonia, Lithuania, and Hungary. The Modernisation Fund - which came into effect in 2021 - is designed to support decarbonization efforts in lower-income EU Member States. It funds areas like energy efficiency, energy storage, and renewable energy generation. The Modernisation Fund is financed by revenues from the auctioning of emission allowances under the EU Emissions Trading System (EU ETS).
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European Roundtable on Climate Change and Sustainable Transition. (May 21, 2025). Distribution of funding received from the European Union Emission Trading System's (EU ETS) Modernization Fund between 2021 and 2024, by beneficiary Member State [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 25, 2026, from /statistics/1466393/eu-ets-modernization-fund-shares-by-country/
European Roundtable on Climate Change and Sustainable Transition. "Distribution of funding received from the European Union Emission Trading System's (EU ETS) Modernization Fund between 2021 and 2024, by beneficiary Member State." Chart. May 21, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 25, 2026. /statistics/1466393/eu-ets-modernization-fund-shares-by-country/
European Roundtable on Climate Change and Sustainable Transition. (2025). Distribution of funding received from the European Union Emission Trading System's (EU ETS) Modernization Fund between 2021 and 2024, by beneficiary Member State. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 25, 2026. /statistics/1466393/eu-ets-modernization-fund-shares-by-country/
European Roundtable on Climate Change and Sustainable Transition. "Distribution of Funding Received from The European Union Emission Trading System's (Eu Ets) Modernization Fund between 2021 and 2024, by Beneficiary Member State." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 21 May 2025, /statistics/1466393/eu-ets-modernization-fund-shares-by-country/
European Roundtable on Climate Change and Sustainable Transition, Distribution of funding received from the European Union Emission Trading System's (EU ETS) Modernization Fund between 2021 and 2024, by beneficiary Member State ÌÇÐÄÆÆ½â°æ, /statistics/1466393/eu-ets-modernization-fund-shares-by-country/ (last visited July 25, 2026)
Distribution of funding received from the European Union Emission Trading System's (EU ETS) Modernization Fund between 2021 and 2024, by beneficiary Member State [Graph], European Roundtable on Climate Change and Sustainable Transition, May 21, 2025. [Online]. Available: /statistics/1466393/eu-ets-modernization-fund-shares-by-country/