November the 30th, 2020 – The Croatian economy has been dealt a very heavy blow this year as a result of the ongoing pandemic and all of the economic downturn caused by it. Despite that, the proverbial show must go on and investments must continue in order to pull ourselves out of this unprecedented situation. What are the main points of focus for the Croatian economy within the much talked about Green Plan?
As Poslovni Dnevnik/Darko Bicak writes, Vladimir Nisevic, the editor-in-chief of Poslovni Dnevnik, pointed out that Croatia’s destiny, both in terms of recovering from the economic difficulties which have ensued since the coronavirus crisis took hold, and the Green Plan, is closely linked to the European Union (EU) as a whole and therefore the Green Plan and its implementation in Croatia are even more significant.
Ivo Miletic, State Secretary of the Ministry of the Economy and Sustainable Development, emphasised that the European Green Plan is a big step forward in regard to energy transformation, and as such the idea opens up a number of opportunities for the Croatian economy, and we must all adapt to it readily in order to benefit to the fullest extent possible.
“Croatia is also sensitive to the threats posed by climate change, which is why we’ve adhered to the provisions of the Green Plan, which doesn’t leave any European Union member state behind, but instead provides everyone with an opportunity for development.
Stricter environmental standards await us, primarily in regard to the reduction of CO2 emissions, and the goals will almost certainly be higher and thus need to be adjusted. We will focus on efficient construction, decarbonised energy and clean transport.
The EU will commit a minimum of 100 billion euros in this budget perspective for precisely this purpose, and at least 30 percent of the money from the Next Generation programme, out of a total of 700 billion euros, will be directed to numerous green projects.
The situation caused by the coronavirus pandemic has also shown how vulnerable energy supply routes actually are, and it has once again highlighted the fact that decentralised renewable energy projects are necessary and strategic and will continue to be the focus of the Croatian Government,” concluded Miletic.
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