A meeting on the ‘just transition’ of lignite-producing areas in Greece, related to an EU push for a climate-neutral Europe by 2050, was the focus of a cabinet-level development meeting in Athens on Friday, attended by European Commissioner for Cohesion and Reforms Elisa Ferrera, ANA reports.
Subsidies and tax incentives will be provided to agricultural production, manufacturing, research/technology, education, and renewable energy sectors According to data released on Thursday, investments earmarked for western Macedonia and Megalopolis are expected to range between 3.7 and 4.4 billion euros.
Greece’s master plan on the transition would be ready by end-June, Dev’t & Energy Minister Hatzidakis said, and it will include measures mitigating repercussions to local economies, which is also an intention expressed by the prime minister.
Deputy Environment Minister Thomas announced that since the European Fund of Just Transition will activate in 2021, Greece will make use starting this year of current-program NSRF funds, fees and revenues related to lignite mining and funding from the Green Fund, for areas affected the most.
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