Can sombody spell out the tangible benefit of this. Does this just ensure the project gets regulatory approval? Is there any other support we pontentially get, like funding?
EDIT: nevermind, found my answer: https://ec.europa.eu/commission/presscorner/detail/en/ip_25_864Benefits for the selected projects
To become operational, the 47 Strategic Projects have an expected overall capital investment of €22.5 billion. These projects will be able to benefit from coordinated support by the Commission, Member States and financial institutions to become operational, notably regarding access to finance and support to connect with relevant off-takers. They will also benefit from streamlined permitting provisions, to ensure predictability for project promoters while safeguarding environmental, social and governance standards. In line with the CRMA, the permit-granting process will not exceed 27 months for extraction projects and 15 months for other projects. Currently, permitting processes can last from five to 10 years.
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