Greece hopes to raise € 25 billion in green investments


As part of the European Union, Greece has also pledged to make Europe the first climate neutral continent until 2050, Greek Prime Minister Kyriakos Mitsotakis said on Monday evening, speaking at the Middle East Green Initiative in Riyadh.

“The most important of these initiatives is to ensure that electricity produced from coal will stop by 2028 at the latest,” Mitsotakis said, while Greece is also making efforts to increase the rate of sources of energy. ‘renewable energy.

“We hope to be one of the first Mediterranean countries to introduce a specific framework for the production of electricity through offshore wind farms in our country, and we hope that the related legislative document will be ready for public consultation in the weeks to come. to come.

“Our hope is to have 2 GW of offshore wind power, as part of the electricity generation mix by 2030,” he noted, adding that plans call for more than 25 billion euros. investments to achieve the green transition.

The Greek Prime Minister also revealed that “if there is any interest in exporting hydrogen to Europe, Greece will be the first country to welcome these hydrogen exports and will ensure that they are transported to the market. European “, added the Prime Minister.

Efforts will also focus on encouraging shipowners to lead the reduction of greenhouse gases in the maritime transport sector, as “Greece controls 50% of Europe’s commercial fleet”, while the country has also huge opportunities to make its many islands climate neutral, with pilot programs, he said.

The Eastern Mediterranean and Middle East region is the cradle of civilization and more effort should be devoted to studying the impact of climate change on cultural heritage, he said. “This is an issue on which we can join forces and think creatively about how to protect cultural heritage from the negative impacts of climate change”, Mitsotakis added.

READ MORE: A Europe of the future with renewable and nuclear energies.

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Greece News, Greek News, Green Energy, KSA, Kyriakos Mitsotakis, Middle East Green Initiative, Mitsotakis, Renewable Energy, Riyadh, Saudi Arabia, Saudi Arabia

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