Global Trade Alert
Global Trade Alert

Luxembourg: EUR 520 million grant schemes to support transition to net-zero economy

Announcement

11 Oct 2024

In October 2024, the European Commission approved two Luxembourgish state aid schemes to support the transition towards a net-zero economy. The schemes have a total combined budget of EUR 520 million.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

11 Oct 2024

Revocation date:

No revocation date

Financial grant In force

On 11 October 2024, the European Commission approved a EUR 500 million (USD 546.6 million) state aid scheme from Luxembourg. The scheme supports companies active in the manufacturing sector in the dec...

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Financial grant In force

On 11 October 2024, the European Commission approved a EUR 20 million (USD 21.9 million) state aid scheme from Luxembourg. The scheme supports the investments of companies in listed strategic sectors ...

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