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
Evangelos Marinakis: Proud of Diaspora Greeks, ‘Who’re All Together, United’
Marinakis, an Honorary Grand Marshal of the 86th Greek Independence Parade on Sunday, was touched by his contacts in New York City with members of the Greek-American community, where he spoke fondly of the Diaspora: ‘Twice as Greek, Twice over as Olympiacos fans'
Stirring 86th Greek Independence Day Parade Down 5th Ave. Evangelos Marinakis an Honorary Grand Marshal
According to NYPD sources, the 2025 parade is expected to be one of the biggest in recent memory, with some 120 groups with 52 floats and 15 marching bands paraded from 64th to 79th streets along renowned Fifth Avenue
PM Mitsotakis Highlights Chevron’s Interest in Greek EEZ in Weekly Review
“The interest from Chevron is important because a leading American multinational chooses to invest in Greek maritime plots, thus practically recognizing Greece's EEZ in the area,” the prime minister said.
PM Mitsotakis Visits Israel for Talks on Defense, Energy, and Stability
According to sources, the meetings will cover bilateral collaboration as well as regional developments, particularly in the Eastern Mediterranean and Syria.
Pyatt stresses major Greek role in regional energy map, importance of ongoing Greek-Turkish talks
The former US Assistant Secretary of State foe Energy Resources passionately underlines importance of NATO and America's Global Alliances for US security
Applications for Child Benefit Open Again
The electronic platform for submitting Child Benefit applications, A21, will re-open at 08:00 on Monday, March 31, 2025.
Ellinikon Redevelopment Advances: Key Projects on Track
Spanning 17,000 square meters, the shopping center has already leased out 75% of its space, with an average rental price of 85 euros per square meter.
Aid Arrives as Myanmar Struggles with Earthquake Aftermath
Aid is starting to arrive after the powerful 7.7-magnitude earthquake which struck central Myanmar on Friday, causing widespread devastation and claiming over 1,000 lives.
Over 60% Greeks Own a First Home, 39% a 2nd Home: European Report
The responses from 20,000 European adults who participated in the “RE/MAX European Housing Trend Report 2024,” conducted by Opinium Research for RE/MAX Europe, highlight the evolving expectations for residential spaces
Europe’s Economic Outlook Brightens, But Caution Remains, Says Citigroup
Citi forecasts a slight increase in growth from 0.8% in 2024 to 1% this year, with further acceleration slightly above potential in 2026-27.
![Τουρκία: Μεγάλες βλέψεις για παραγωγή ηλεκτρικών οχημάτων [γράφημα]](https://www.ot.gr/wp-content/uploads/2025/03/ot_turkish_autos-90x90.png)
![BYD: Ποιος είναι ο Γουάνγκ Τσουανφού που χτίζει τα όνειρα της Κίνας [γράφημα]](https://www.ot.gr/wp-content/uploads/2025/03/ot_BYD_Ceo_CHUANFU-90x90.png)
![Ξενοδοχεία: «Τσίμπησαν» οι τιμές το 2024 – Πόσο κόστισε η διανυκτέρευση [πίνακας]](https://www.ot.gr/wp-content/uploads/2025/03/hotels-90x90.jpg)
![ΕΛΣΤΑΤ: Αυξήθηκε η οικοδομική δραστηριότητα κατά 15,6% το Δεκέμβριο [πίνακες]](https://www.ot.gr/wp-content/uploads/2025/03/DSC9655-2-1024x569-1-90x90.jpg)
