{"id":382095,"date":"2022-06-21T06:30:00","date_gmt":"2022-06-21T04:30:00","guid":{"rendered":"https:\/\/innovationorigins.com\/?p=382095"},"modified":"2022-06-21T06:30:00","modified_gmt":"2022-06-21T04:30:00","slug":"malta-fails-to-commit-recovery-fund-enough-to-energy-transition","status":"publish","type":"post","link":"https:\/\/ioplus.nl\/archive\/en\/malta-fails-to-commit-recovery-fund-enough-to-energy-transition\/","title":{"rendered":"Malta fails to commit recovery fund enough to energy transition"},"content":{"rendered":"\n
Read more about the other countries in this project<\/span><\/a><\/div>
More about Malta<\/span><\/a><\/div><\/div><\/div><\/div>\n\n\n\n

About Decarbonizing Europe<\/h2><\/path><\/svg><\/div>
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What does the Recovery and Resilience Facility entail?<\/strong><\/h3><\/path><\/svg><\/div>
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The European Commission has made available an amount of 723.8 billion euros
to combat the consequences of the corona crisis and make Europe greener, cleaner, and future-proof. All member states have the opportunity to submit plans for disbursement from this Recovery and Resilience Facility.<\/p>\n\n\n\n

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Who is participating in the Recovery and Resilience Facility?<\/strong><\/h3><\/path><\/svg><\/div>
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All the member states of the European Union. All member states? No, The Netherlands has not submitted plans as yet. Although, it became public knowledge at the end of January that hard work is going on behind the scenes in the Netherlands to secure some of those European billions.<\/p>\n\n\n\n

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What do the member states have to spend the money on?<\/strong><\/h3><\/path><\/svg><\/div>
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At least 37 percent of the funding should be used for making their countries more sustainable and 20 percent for digitalization. In addition, there are also other key points:
\u2013 Smart, sustainable and inclusive growth
\u2013 Social and territorial cohesion
\u2013 Public health, economic, social, and institutional resilience
\u2013 Policy for future generations<\/p>\n\n\n\n

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What else is happening?<\/strong><\/h3><\/path><\/svg><\/div>
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Apart from that, the EC has identified several so-called flagship areas<\/a>:
\u2013 Power up<\/em> 
\u2013<\/em> Renovate<\/em> 
\u2013<\/em> Recharge and Refuel<\/em> 
\u2013<\/em> Connect<\/em> 
\u2013<\/em> Modernise <\/em>
\u2013<\/em> Scale-up<\/em> 
\u2013<\/em> Reskill and upskill<\/em><\/p>\n\n\n\n

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What is Innovation Origins planning to do?<\/strong><\/h3><\/path><\/svg><\/div>
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Over the next few months, we will be focusing on the implementation of these plans. We will be outlining what each country is doing to reduce CO\u2082 emissions, and we will be reporting on innovative projects. Infographics will allow you to compare the member states\u2019 efforts with each other.<\/p>\n\n\n\n

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A crisis such as COVID-19 calls for robust measures. The European Commission created the Recovery and Resilience Facility, which is comprised of over \u20ac 723.8 billion in grants and loans. To claim a share of this budget, member states had to present a plan of reforms and investments to foster the digital and green transition. In Decarbonizing Europe, we analyze and compare the different plans. What are countries spending the money on, what is their strategy and how are they tackling the climate crisis? This week: Malta<\/em><\/p>\n\n\n\n

Malta (and it’s two even smaller islands of Gozo and Comino) enjoys about three thousand hours of sunshine a year. In fact, even in winter, the sun shines for an average of five to six hours a day. The country is, of course, teeming with solar parks. Well no, not so much as it turns out. That’s partly due to Malta’s population density. With about half a million residents spread over 316 square kilometers, the archipelago is the most densely populated<\/a> and urbanized member state of the European Union. There simply is not that much land to install solar panels on. <\/p>\n\n\n\n