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[INTERNATIONAL] · Greece, Kosovo · 57 sources

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Greece Social Climate Plan approved by EU for 5.3 billion euros

The European Commission has approved Greece's Social Climate Plan, a major initiative designed to support the country's green transition between 2026 and 2032. The plan aims to mobilize 4.77 billion euros, with 75% (3.57 billion euros) provided by the EU and 25% (1.2 billion euros) from national resources. Including VAT, the total economic value is estimated at 5.3 billion euros.

The program targets approximately 1.5 million households and 70,000 micro-enterprises. Key interventions include energy-efficient renovations for 62,000 homes, the installation of 200,000 heat pumps and solar water heating systems, and the creation of 2,800 new energy-efficient social housing units. Additionally, 226 million euros are earmarked for renovating public student dormitories to benefit 5,930 students.

In the transport sector, the plan includes a social leasing program for electric vehicles, allowing 15,000 vulnerable households to lease electric cars for up to four years with monthly payments not exceeding 150 euros. The plan also supports the deployment of over 200 electric buses in urban areas and the modernization of metro lines. These measures are expected to reduce annual greenhouse gas emissions by approximately 811,000 tonnes of CO2 equivalent by 2032.

Entities

European Commission · Greece · Kostis Hatzidakis · Nikos Papathanasi · Nikos Papathanasis · Social Climate Fund · Stavros Papastavrou

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