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
Bank of Greece Governor Says EU will Retaliate to Trump’s Tarrifs
The Bank of Greece Governor defended the independence of central banks amid criticism from U.S. President-elect Donald Trump, who had publicly commented on Federal Reserve Chair Jerome Powel
September in Greece Winning Tourists Over from US, Germany
Tourists continue to visit Greece off-season into Sept. with the number of inbound travelers up by 6.6% and a 7.9% rise in travel receipts.
Bitcoin Surges Toward $100K Amid Pro-Crypto Optimism in US
According to Reuters, the cryptocurrency surged to an all-time high, briefly exceeding $96,898 during Asian trading hours.
Greek Driver Violations at a Touch of a Button
Traffic offences recorded in the last five years by Greece’s “Driver Behavior Control System” are now available on Gov.gr Wallet
Milan Tops List of Most Expensive Streets, Athens’ Ermou Holds Steady at 15th Place
In Athens, following Ermou Street is the southern suburb of Glyfada and Tsimiski Street in Thessaloniki.
New Gov.gr Service Enables Secure Reporting of Minor-Related Delinquency
It should also be noted that via the recently introduced initiative ‘Safe Youth’ application citizens have access to specially tailored informative material regarding the safety of children and adolescents
Thousands Strike in Athens Over Soaring Living Costs and Stagnant Wages
Inflation, particularly in food prices, has been crushing Greek households
Greece Overhauls Property Valuation System
Greece plans to launch a revamped property value registry in 2025 and overhaul the way objective values are calculated to enhance tax revenue and improve transparency.
Greece’s New Tax Bill Foresees Tax Relief Beyond Big Business
Tax relief measures in Greece are proposed for freelancers, property owners and farmers, along with 'big business'
Unions Call Nationwide Industrial Strike for Wed.
Mass transits are usually affected, especially in the greater Athens-Piraeus area, although bus and metro services are curtailed but not fully halted
![Τουρισμός: Πάνω από 5 εκατ. αφίξεις σε καταλύματα τον Σεπτέμβριο [γραφήματα]](https://www.ot.gr/wp-content/uploads/2021/10/katalymata-90x90.jpg)
