Greece took a significant step towards a more sustainable future by announcing the establishment of a €2 billion Decarbonization Fund specifically tailored for the Greek islands.
Greek Prime Minister Kyriakos Mitsotakis announced the news during the 9th Our Ocean Conference held in Athens this week.
The Decarbonization Fund, backed by the EU Emissions Trading System, aims to connect the Greek islands with the mainland power grid, support renewable energy and storage infrastructure initiatives including offshore wind farms and the development of multipurpose water reservoirs.
Addressing the conference, a 2014 initiative by former United States special presidential envoy for climate John Kerry, Mitsotakis highlighted Greece’s commitment to accelerate the country’s transition to a ‘bluer’ economy with 21 initiatives totalling €780 million.
These time-specific actions include the creation of two new national marine parks in the Ionian and Aegean seas, a ban on bottom trawling in designated areas – the first such initiative in Europe – the implementation of an advanced surveillance system utilizing drones and AI, and ambitious targets for the reduction of plastic waste in Greek waters.
In this effort, Mitsotakis also referred to the urgent need to protect coastal areas, which recent legislation on beach and shoreline use aims to do.
The 9th Our Ocean Conference in Athens came to a close on Wednesday with 469 new commitments worth over an estimated $11 billion.
Source: tovima.com
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
RES: Large Companies Buying PPAs in Greece
Power Purchase Agreements (PPAs) are long-term contracts between renewable energy producers and large corporations seeking to secure electricity at stable prices in a sustainable manner.
School Closures, Ships Docked Amid Bad Weather in Greece
Severe weather in Greece causes school closures and sailing bans. Strong winds, snowfall, and icy conditions disrupt daily life and travel on Tuesday.
Greece to Proceed with Issuance of 10-Year Bond
Regarding Greece's public debt the Agency forecasts that it will continue its downward trend, recording a total reduction of around 56%.
Labor Shortage in Greece: Vacant Job Positions Costing the Economy Millions
Data show that specific sectors are facing particular challenges in filling job positions, with the primary sector struggling to find working hands.
e-EFKA: “Thaleia” Answers Policyholders’ Questions
It is a service provided by the organization, aimed at enhancing the experience for individuals with special needs.
PM Mitsotakis Outlines 2025 Goals for Growth and National Interests
"The government’s work will remain intense and multifaceted, so that day by day, something changes and the lives of all citizens become better," the prime minister stated
Tender for Repairs on Athens Olympic Stadium’s (OAKA) Iconic Roof
Tender for OAKA project, which is expected to exceed 78 million euros, stipulates that repairs, maintenance must be conducted while venue remains open for events
Louis-Dreyfus Family Eyes 21% Stake in Thessaloniki Port
The newly created Amsterdam-based LeonidsPort company has submitted a voluntary public offer for 21%
EUIPO Throws Out Turkaegean Trademark
The trademark had been filed by the Türkiye Tourism Promotion and Development Agency (TGA) in 2021 and immediately generated heated opposition by Athens
Economic Sentiment Indicator in Greece Drops Slightly in Dec.
The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.
![Ενέργεια: Απειλεί και πάλι ο διπλός κίνδυνος από ανατιμήσεις σε πετρέλαιο και φυσικό αέριο [γράφημα]](https://www.ot.gr/wp-content/uploads/2025/01/ot_oil_world3-1024x600-1-90x90.png)
![Ενέργεια: Απειλεί και πάλι ο διπλός κίνδυνος από ανατιμήσεις σε πετρέλαιο και φυσικό αέριο [γράφημα]](https://www.ot.gr/wp-content/uploads/2025/01/ot_oil_world3-1024x600-1-600x352.png)
