The National Energy and Climate Plan, which was approved by the cabinet on Thursday and will be submitted to the European Commission by the end of the year, is now in public consultation. According to the Ministry of Environment and Energy, it is the key tool for planning the national energy and climate policy for the next decade, taking into account the recommendations of the European Commission and the UN Sustainable Development Goals.

It also serves as a roadmap that specifies the government’s key priorities in these two areas (energy-climate): from the rapid de-lignification, to the increased use of renewable energy sources (RES) and the attraction of private capital to gas and electricity distribution networks, as tools for the promotion of the investments necessary for the development and modernization of these networks.

It is estimated that through the implementation of RES measures and policies and the buildings’ energy upgrading, more than 60,000 jobs can be created and maintained by 2030. According to estimates, by achieving the objectives across all the national plan’s pillars will mobilize investments of 44 billion euros over the next decade.