Policy - 06/November/2020

Renewables offer permanent economic recovery for Greece

Red tape, infrastructure woes and recent economic turmoil are holding Greece back from fully reaping the benefits of a much-needed energy transition

The array of institutional investors circling the renewables market in Greece indicates a rich vein of natural energy resources just waiting to be exploited. The government, by tearing down long existing barriers to investment, could unleash a simmering green revolution that would put the troubled country on track for a solid economic recovery


A COUNTRY AT RISK
With around 6000 islands, Greece is one of the countries most at risk of feeling the effects of catastrophic climate change 

COAL FREE
Plans to phase out coal from its energy mix place a spotlight firmly on renewables, but time is short if Greece is not to default on its EU carbon reduction obligations 

KEY QUOTE
All state bodies need to cut red tape procedures for investments to go ahead, not just the energy ministry ...

 

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