Thursday, 17 December 2009

France’s ‘Grand Loan’ leaves out Green IT

France has announced the plans for the "grand emprunt" or ‘large loan’, the debt funded public investment aimed at increasing growth after the economic crisis.

According to, of the €35bn loan, more than 10% (€4.5bn) will go to the digital economy.  The largest part, €2bn will be aimed at infrastructure, including fibre optics, €750m is going to digitisation projects in museums, libraries and French cinema, with the remaining €1.7bn allocated to projects in cloud computing, the use of new technologies in schools and telecommuting.

So while the digital economy and sustainable development are two pillars of the recovery plan in France, there’s no money going directly to Green IT projects.

© The Green IT Review

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