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EC supports Romania in transition to “green” economy

energynomics

The European Commission has approved all requests submitted by 18 Member States, including Romania, for support in preparing their territorial plans for the transition to a climate-neutral economy, with each Member State having to draw up such a plan in order to gain access to the financing granted within the mechanism for a Just Transition, it is shown in a release of the community executive, quoted by Agerpres.

The mechanism for a Just Transition is part of the European Investment Plan for the European Green Deal and will mobilize at least €100 billion in investment to provide additional specific support to the regions most affected by the transition to a neutral economy and have a lower capacity to meet this challenge. The approval follows a call for specific proposals, launched by the Commission at the end of February 2020, within the Support Program for structural reforms, according to e-nergia.ro.

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