EU Environmental Auction

Published February 14th, 2009


The European Union is launching an environmental auction in which potential donors can bid on international environmental projects that the 27-member bloc cannot afford to fund.

“We are trying to find funding partners for some of the project proposals that were carefully selected under the European Commission’s evaluation process but that have not, despite their high scores, obtained an EC grant simply due to budget limitations,” EU External Relations Commissioner Benita Ferrero-Waldner said.

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