aA
The European Union's climate change funds from the Just Transition Fund in Lithuania could be directed to Kaunas, Telsiai and Siauliai Counties, the European Commission says.
Vėjo jėgainės
Vėjo jėgainės
© Organizacijos nuotr.

In a report published last week, the Commission pays attention to the fact that many GHG intensive installations are present in these specific regions.

"These installations are situated in Kaunas, Telsiai and Siauliai Counties and are a very important source of employment with almost 4,500 people employed directly and large number working in the supporting businesses," the document reads.

"Based on this preliminary assessment, it appears warranted that the Just Transition Fund concentrates its intervention on these geographical areas," the Commission says.

All EU member states, except for Poland, have made the commitment to transition to climate-neutral economy by 2050 by drastically reducing CO2 emissions.

The EC proposed establishing the Just Transition Fund to mitigate such a transition's social and economic impact, especially on communities dependent on fossil fuel.

Brussels proposes allocating 97 million euros to Lithuania from this fund, sources have told BNS.

The funds should be spent on creating advanced technology and establishing new enterprises, as well as upgrading and changing workers' qualifications, the Commission says.

Poland would benefit the most from the new fund as its economy is heavily dependent on fossil fuel, with 2 billion euros proposed for allocation to this country.

Germany would also receive a large share of the fund – 877 million euros, according to euractiv.com, followed by Romania (757 million euros), the Czech Republic (581 million euros). Luxembourg would receive the least (only 4 million euros).

These funds would not be allocated automatically as member states would be required to draw up special territorial plans.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
|Populiariausi straipsniai ir video

Tax revenue 15 percent short of target in March

The Lithuanian central government's tax revenue fell around 15 percent short of the target in March,...

Avia Solutions Group bought Bluebird Nordic

On the 24th of January 2020, Avia Solutions Group signed an agreement with BB Holding EHF for the...

GetJet Airlines set to lay off 370 employees

Lithuania's wet-lease and charter services provider GetJet Airlines has given lay-off notices to 370...

Avalanche of ideas developed in 'Hack the Crisis' hackathon

One of the most important tasks for hackathon organizers was to identify the most pressing issues,...

Lithuania and some other EU countries ask for Mobility Package postponement

Lithuania and "like-minded" EU member states are urging the bloc's bodies to postpone the...

Top news

"Take my kids": children from social risk families, elderly suffer from quarantine

Children from social risk families and elderly people have become even more vulnerable during the...

Scientists: coronavirus may claim around 200 lives in Lithuania

The novel coronavirus may claim around 200 lives in Lithuania and the strain on hospitals is likely...

696 confirmed COVID-19 cases in Lithuania

On Friday, 3rd April, there were 696 confirmed novel coronavirus cases in Lithuania.

276 medics are isolation in Lithuania

There are over 270 medics in coronavirus isolation in Lithuania, the country's government said on...

Two flights from Minsk to Vilnius to take place on upcoming weekend

Two flights from Minsk to Vilnius will take place under exceptional conditions over the upcoming...

|Maža didelių žinių kaina