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Commission endorses Malta’s €60 million Social Climate Plan to support vulnerable households and small companies in the clean transition
["The Sting'S Team"]
The European Sting – Critical News & Insights on European Politics, Economy, Foreign Affairs, Business & Technology – europeansting.com
The European Commission has today endorsed Malta’s Social Climate Plan – the fourth national plan adopted under the Social Climate Fund using revenues from carbon pricing to ensure a fair and inclusive clean transition.
The Social Climate Fund provides significant financial support to EU Member States to finance measures and investments identified in their national Social Climate Plans, ensuring that the clean transition is fair and leaves no one behind.
Eight Member States (Sweden, Lithuania, Latvia, Malta, the Netherlands, Greece, Croatia, and Slovenia) have formally submitted their Plans to date.
The Commission provided dedicated guidance to help them effectively implement the Social Climate Fund and complete their plans.
For more informationMaltese Social Climate PlanSocial Climate FundGuidance on the implementation of the Social Climate FundFactsheet – implementation guidanceSocial Climate Fund RegulationEU Emissions trading system for buildings, road transport and additional sectors (ETS2)Related