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Cyprus unveils its plan to transition to a green economy

May 14, 2024

The Ministry of Energy, Trade and Industry of Cyprus has unveiled its strategic plan for the years 2024-2026, which aims to accelerate the country's transition to a green economy and enhance its competitiveness on the global stage.

The new plan pays particular attention to developing renewable energy sources and improving energy efficiency, in line with the EU Green Deal goals to achieve climate neutrality by 2050.

The plan includes initiatives to support the deployment of solar and wind energy, in addition to improving the efficiency of buildings and transportation. The plan also aims to enhance the business environment and attract foreign investment by improving infrastructure and providing incentives to companies. The plan seeks to take advantage of these resources to enhance energy security in the country and create opportunities. New work.

This plan is an important step towards achieving Cyprus's goals of achieving sustainable development and enhancing its competitiveness on the global stage. This plan is also an important step towards achieving the sustainable development goals of Cyprus and ensuring a prosperous future for the country.