INTIEAGreece · Islands Decarbonisation FundPolicyIn force

Islands Decarbonisation Fund

The Greek government, the European Commission, and the European Investment Bank (EIB) have formalized a partnership in Naxos to launch the Islands Decarbonisation Fund, which will support clean energy initiatives across Greece’s islands. The agreement identifies three key types…

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Country / jurisdiction: Greece · Year: 2024 · Status: In force · Level: National · Type: Voluntary

The Greek government, the European Commission, and the European Investment Bank (EIB) have formalized a partnership in Naxos to launch the Islands Decarbonisation Fund, which will support clean energy initiatives across Greece’s islands. The agreement identifies three key types of projects eligible for funding: renewable energy generation and energy storage—which will receive at least 50% of the total budget—new electricity grid interconnections linking the islands to the mainland, and infrastructure developments such as EV charging stations, shore-side electricity for ships (cold ironing), and water treatment facilities.

Official source: https://climate.ec.europa.eu/news-your-voice/news/executive-vice-president-sefcovic-signs-agreement-between-greece-european-investment-bank-and-2024-11-21_en

Source

https://www.iea.org/policies/26311

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