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Belgium: Financial grant scheme to offset indirect emission costs in Flanders during 2021-2030

Description

On 19 December 2022, the European Commission approved a Flemish financial grant scheme of EUR 2.1 billion (USD 2.2 billion). The stated aim of the measure is to compensate companies in energy-intensiv...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Dec 2022

Revocation date

31 Dec 2030

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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