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Financing the transition to a climate-neutral economy

Reaching a political agreement for the EU’s seven-year funding programme in December was no small feat.  It was however eclipsed by events.  The cliff- hanger Brexit agreement on Christmas Eve together with the daily ups and downs of the COVID-19 pandemic have relegated the €1.8 trillion fund, from a news perspective.   However, in European capitals and Brussels, a significant amount of spade work is currently being undertaken to bring these funds to the European economy as fast as possible.  They hold the key to kick-start the EU economic recovery post-COVID-19.  This is all the more important considering the vast stimulus packages issued by EU member states in 2020 which leaves them with limited fire power to prop up their economies in 2021. 

Tower Road streetscape changing as innovative Trees planted

Trees get planted at Tower Road THE streetscape at Tower Road in Birkenhead is beginning to change following planting of 70 trees using an innovative system. The work on Tower Road, now scheduled for completion in Spring, aims to create a new and improved street design, which brings green infrastructure into the urban environment and making sustainable travel more accessible. As part of the £3.2 million project, designed and delivered in partnership with Peel L&P, additional funds were secured from European Structural Investment Fund (ESIF) and Wirral Waters Investment Fund to plant 130 trees using a planting system designed for on-street trees.

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