Greek PM Announces €2 Billion Decarbonization Fund for Greek Islands

1 week ago 26

Greece took a important measurement towards a much sustainable aboriginal by announcing the constitution of a €2 cardinal Decarbonization Fund specifically tailored for the Greek islands.

Greek Prime Minister Kyriakos Mitsotakis announced the quality during the 9th Our Ocean Conference held successful Athens this week.

The Decarbonization Fund, backed by the EU Emissions Trading System, aims to link the Greek islands with the mainland powerfulness grid, enactment renewable vigor and retention infrastructure initiatives including offshore upwind farms and the improvement of multipurpose h2o reservoirs.

Addressing the conference, a 2014 inaugural by erstwhile United States peculiar statesmanlike envoy for clime John Kerry, Mitsotakis highlighted Greece’s committedness to accelerate the country’s modulation to a ‘bluer’ system with 21 initiatives totalling €780 million.

These time-specific actions see the instauration of 2 caller nationalist marine parks successful the Ionian and Aegean seas, a prohibition connected bottommost trawling successful designated areas – the archetypal specified inaugural successful Europe – the implementation of an precocious surveillance strategy utilizing drones and AI, and ambitious targets for the simplification of integrative discarded successful Greek waters.

In this effort, Mitsotakis besides referred to the urgent request to support coastal areas, which caller authorities connected formation and shoreline usage aims to do.

The 9th Our Ocean Conference successful Athens came to a adjacent connected Wednesday with 469 caller commitments worthy implicit an estimated $11 billion.

Source: tovima.com

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