The EIB has announced a €3 billion facility to support investments in cleaner heating, cooling, and reducing energy demands in buildings and road transport, including programs that benefit low- and middle-income households to prepare for the new emissions trading system. The aim is to accelerate the deployment of solutions like heat pumps and electric vehicles to reduce energy and transport bills, while also supporting a shift to public and shared transport, expanding e-mobility schemes, and deploying recharging infrastructure. Additionally, the EU has opened the IF25 Heat Auction to support electrified and direct-renewable heat production, further advancing climate solutions in the region.