INTIEACyprus · Cyprus Recovery and Resilience planPolicyIn force

Cyprus Recovery and Resilience plan

In response to the Covid-19 pandemic and economic crisis, the government of Cyprus unveileld their recovery and resilience plan, aiming for a long term and green recovery. The plan, as endorsed by the EU Commission, includes 1 billion EUR in grants and 200 million EUR in loans.…

Last changed 5 years ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

EffectiveJan 01, 2021
Last changeOct 27, 2021

Country / jurisdiction: Cyprus · Year: 2021 · Status: In force · Level: National · Type: Voluntary

In response to the Covid-19 pandemic and economic crisis, the government of Cyprus unveileld their recovery and resilience plan, aiming for a long term and green recovery. The plan, as endorsed by the EU Commission, includes 1 billion EUR in grants and 200 million EUR in loans. 41% of the plan's total allocation for reforms and investments will be used to support climate objectives, above the EU's minimum share at 37%.

The green transition will be shaped by :

-green taxation, introducing a cabron tax for fuels.

-energy efficiency and renewables, financing various support schemes to implement energy efficiency measures and renewable energy investments, as well as combating energy poverty (89 million EUR)

-energy interconnector: contributing to the EuroAsia interconnector project, which will connect Cyprus to the EU electricity network and boost renewable energy production (100 million EUR)

-promoting sustainable and green mobility: encouraging a shift from private cars to public transport, cycling, walking, and promoting the use of clean vehicles (91 million EUR).

Official source: http://www.cyprus-tomorrow.gov.cy/cypresidency/kyprostoavrio.nsf/all/B37B4D3AC1DB73B6C22586DA00421E05/$file/Cyprus%20RRP%20For%20Upload%2020052021.pdf?openelement

Source

https://www.iea.org/policies/14096

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

Related in International

INTEnergy Newsoilprice:oilprice-article-45067NewsIn force

Investors Are Racing to Find America's Next Rare Earth Winner

The Pentagon’s investment in MP Materials marked the biggest U.S. intervention in the rare earth industry in decades. The deal established a domestic champion for one of the world’s most strategically important supply chains and demonstrated that Washington is prepared to commit federal financial resources to critical mineral production. Mountain Pass is the only large-scale rare earth mine operating in the United States and one of the world’s largest producers of light rare earths. Its ore is rich in neodymium and praseodymium…

INTEnergy Newsoilprice:oilprice-article-45066NewsIn force

U.S. Backs Madagascar’s Rare Earths Project

The Trump administration has opened another front in the global rare earths race, backing a new project in Madagascar as Washington accelerates efforts to break China’s grip on the critical minerals that power everything from advanced weapons and AI infrastructure to oil refining and electric vehicles. The U.S. International Development Finance Corporation (DFC) has committed up to $4.84 million to Harena Rare Earths’ (OTCQB: CRMNF) Ampasindava project in northern Madagascar. The funding will support pilot plant operations, metallurgical…

INTEnergy Newsoilprice:oilprice-article-45065NewsIn force

Low Gas Storage and Diesel Shortages Threaten Europe’s Winter Supply

Tightening global supply of oil and gas is putting Europe on course for a difficult winter this year due to the continent’s significant dependence on energy imports, despite energy transition ambitions. Gas in storage is much lower than it should be, and a diesel crunch is threatening fuel oil supply security for the heating season. It could turn into a perfect storm. The first warning signs emerged as early as March, as the U.S. and Israeli war against Iran crippled Qatar’s LNG export infrastructure, forcing the Gulf state to declare…

INTEnergy Newsrigzone:https://www.rigzone.com/news/wire/aramco_mulls_new_oil_pricing_for_asia-29-jul-2026-184245-article/?rss=trueNewsIn force

Aramco Mulls New Oil Pricing for Asia

Saudi Aramco is preparing a new selling price for oil loaded at Egypt's Mediterranean port of Sidi Kerir for delivery to Asia.

INTEnergy Newsoilprice:oilprice-article-45060NewsIn force

Cooling Emissions Are Set to Triple by 2050 as Heat Waves Intensify

Air conditioning has become a hot-button geopolitical issue as rising temperatures create dangerous conditions around the globe. Air-conditioning units are increasingly being considered as “essential infrastructure” as summer heat waves turn into a deadly and increasingly regular occurrence. But while air conditioning inarguably saves lives, in the short term, they are simultaneously contributing to global warming and distracting from other, more important approaches to managing greenhouse gas emissions and mitigating climate change.…