Estimated funds to support the proposed European chips act

The Commission’s communication to the Parliament and Council outlines the €43 billion ‘policy-driven’ investment estimate, which it expects to be matched by long-term private investment:
the ‘chips for Europe’ initiative, including the chips joint undertaking, pooling €11 billion in investment from the EU, Member States and, hopefully, private actors;
 the chips fund with a projected investment of over €2 billion, from unspecified sources;
 the above should result in public and private investments ‘well in excess of’ €15 billion;
 this is in addition to what the European Investment Bank can offer in loans;
 further support may come from microelectronics investment in Member States’ recovery and resilience plans, unused loan capacity under the Recovery and Resilience Facility, structural, national and regional funds, and plans for important projects of common European interest (IPCEI) already under way. Some of these funding sources overlap, as with national recovery plans and IPCEIs for Member States, including France and Germany.