European Commission endorses Greece's €4.77 Bn Social Climate Plan

The European Commission has endorsed Greece's €4.8 billion Social Climate Plan to support vulnerable households, transport users and micro-enterprises in the clean transition on 27 August 2027. Following their implementation, the investments and reforms supported through the Greek Social Climate Plan (2026-2032) will contribute to emissions reductions reaching 811,000 tons of CO2 equivalent yearly by 2032. The Plan will mobilise €4.77 Bn until 2032, including €3.57 Bn (75%) from the EU and €1.2 Bn (25%) from national funds.

It is the fifth and largest Social Climate Plan endorsed by the Commission to date. So far, ten Social Climate Plans have been submitted (from Sweden, Lithuania, Latvia, Malta, the Netherlands, Greece, Croatia, Slovenia, Italy and Luxembourg), and five have been…