Modernisation Fund

The Modernisation Fund is a programme from the European Union to support 13 Member States to meet energy targets by helping to modernise energy systems and improve energy efficiency.

The Modernisation Fund operates under the responsibility of the beneficiary Member States in close cooperation with the European Commission and the European Investment Bank.

The Modernisation Fund is a key part of the European Green Deal Investment Plan.

It targets investments in:

  • Renewable energy
  • Energy efficiency
  • Energy storage
  • Energy networks
  • Just transition in carbon-dependent regions

The implementation of the Modernisation Fund in the Republic of Croatia is in the responsibility of the Ministry and the Environmental Protection and Energy Efficiency Fund.

For more information regarding the implementation of the Modernisation Fund, you can contact the Ministry at the email address modernizacijski-fond(at)