The European Commission has unveiled a €750bn ($826bn) economic recovery package, with a focus on “rolling out renewable energy projects, especially wind and solar, and kick-starting a clean hydrogen economy in Europe”.

The package, called "Next Generation EU", is apparently based around the European Green Deal, a plan to make the EU carbon-neutral by 2050, but few details have so far been revealed.

Among the snippets of information unveiled so far are an extra €15bn to generate investments that "boost the resilience of strategic sectors, notably those linked to the green and digital transition", one million new electric-vehicle charging points, and up to €40bn to strengthen the Just Transition Fund "to assist member states in accelerating the transition towards climate neutrality".