Encourage the reduction of CO2 emissions in businesses
Summary
The second Policy Axis seeks to make a significant contribution to green transition and environmental sustainability, through the achievement of national targets for climate neutrality, energy efficiency and renewable energy sources. It promotes reforms in the fields of climate and energy, sustainable transport, water resources management and the wider environment.
This axis is also the most important in terms of the overall contribution of the Plan to the climate targets, which reaches 41% of the total budget of the Plan, with actions over €500 million that are diffused in almost all policy areas.
Programme Name
Programme Description
The second Policy Axis seeks to make a significant contribution to green transition and environmental sustainability, through the achievement of national targets for climate neutrality, energy efficiency and renewable energy sources. It promotes reforms in the fields of climate and energy, sustainable transport, water resources management and the wider environment.
This axis is also the most important in terms of the overall contribution of the Plan to the climate targets, which reaches 41% of the total budget of the Plan, with actions over €500 million that are diffused in almost all policy areas.
Call
Detailed Call Description
The scheme contributes to the implementation of additional measures to the existing policies and measures of the National Energy and Climate Plan (NECP) for the period 2021-2030, encouraging beneficiaries, i.e., businesses, to participate in a comprehensive transformation of the Cypriot economy with the ultimate goal of carbon neutrality, first by identifying their carbon footprint and planning its reduction by creating their roadmap towards decarbonisation.
More specifically, the scheme will subsidize the preparation of documents and studies, which will include monitoring and inventorying of greenhouse gas emissions from businesses, their verification, and the preparation of an action plan with specific investments/actions aimed at validated greenhouse gas emission reductions by 2030. It targets small and medium-sized enterprises (SMEs) and large enterprises, under conditions specified in the Plan Implementation Guide.
The budget for the implementation of the Measure is €5.000.000, while the milestone of the Measure is funding 300 businesses by December 31, 2024.
Financing percentage by EU or other bodies / Level of Subsidy or Loan
Programme Category
Cyprus Recovery And Resilience PlanTotal Budget
€5.000.000Thematic Categories
- Environment and Climate Change
Eligibility for Participation
- Large Enterprises
- Small and Medium Enterprises (SMEs)
Call Opening Date
28/02/2024Call Closing Date
20/05/2024National Contact Point(s)
Department of Environment
Persons to Contact:
Maria Loizou
Environmental Officer
Telephone: 22408955
Email: supportscheme@environment.moa.gov.cy
Fax: 22774945
Revekka Fournari
Environmental Officer
Telephone: 22408919
Email: supportscheme@environment.moa.gov.cy
Fax: 22774945
Theocharis Anastasiou
Environmental Officer
Telephone: 22408987
Email: supportscheme@environment.moa.gov.cy
Fax: 22774945