The government announces one billion euros in green loans for local authorities

This measure, which aims to help local elected officials to accelerate projects in favor of ecological transition, is in addition to the “green fund” of 2 billion euros.

A green extension for local communities. In addition to the “green fund» of 2 billion euros announced at the end of August by Elisabeth Bornethey will have an additional 1.2 billion euros in the form of loans, announced this Sunday Christophe Béchu, the Minister of Ecological Transition, in The Sunday newspaper .

For instance “to transform a car park into a plant park, replace the bulbs of street lamps or even demineralize a schoolyard“, enumerates the Sunday newspaper. These loans will be granted by the Caisse des dépôts from 2023, for five years. This envelope will make it possible to finance the need for expertise of the municipalities, when they engage in an ecological transition project, underlines Christophe Béchu.

In the JDDthe managing director of Caisse des dépôts, Éric Lombard, specifies that 200 million euros, excluding loans, will be reserved for “engineering“. Inside, 80 million will be earmarked to limit urban sprawl, and 100 million will be earmarked for “adaptation» communities to the effects of global warming.

According to Christophe Béchu, the objective of this extension of 1.2 billion is to encourage and help local elected officials to accelerate projects in favor of ecological transition. “The climate is a loan shark: the longer we wait, the more the climate interest rate increases and the more we will need even higher investments“, justifies the Minister of Ecological Transition.

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