Modernisation Fund

Our Brands

Emissions trading in safe hands

Vertis, a MiFID II trading firm, supports companies in navigating through carbon compliance schemes, including different EU Emissions Trading Systems, CBAM and CORSIA, in a cost-effective way

Traders of  Environmental Progress

STX Group is a global environmental commodities trader offering physical and financial solutions across compliance and voluntary systems for energy, fuels, gas and carbon markets.

Transforming Climate Challenges into Business Progress

STRIVE is the advisory arm of STX Group, helping companies meet climate targets through high-impact strategies and cost-efficient decarbonization pathways.

Moving oil to perfect use

Marine Olie is a trader in vegetable oils and fats, delivering tailored feedstock solutions for biofuels, biomass and animal feed, with in-house blending, lab and storage capabilities.

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. It is financed by revenues from the auctioning of emission allowances under the EU ETS.

Established in 2018 for the 2021-2030 period, it aims to help the beneficiary Member States achieve their climate targets and the objectives of the European Green Deal.

The beneficiary Member States are Bulgaria, Czechia, Estonia, Greece, Croatia, Latvia, Lithuania, Hungary, Poland, Portugal, Romania, Slovenia and Slovakia.