Cyprus to spend €1 bln in 5-year transition to green.

© FinancialMirror 2021
Cyprus will allocate over €1 bln for a speedy transition to a Green economy built on renewable energy over the next five years. Agriculture Minister Costas Kadis, Energy Minister Natasa Pilides and Transport Minister Yiannis Karousos presented their vision for a greener future on Monday. The transition focuses on the environment, ending Cyprus’ energy isolation, electromobility, upgrading renewable energy sources, sustainable water resources management, and circular economy. The National Recovery and Resilience Plan’s second pillar promotes the Green Economy with a budget of €448.3 mln. It aims to...

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