{"id":384722,"date":"2022-07-05T06:30:00","date_gmt":"2022-07-05T04:30:00","guid":{"rendered":"https:\/\/innovationorigins.com\/?p=384722"},"modified":"2022-07-05T06:30:00","modified_gmt":"2022-07-05T04:30:00","slug":"latvia-wants-to-expand-its-green-trolleybuses","status":"publish","type":"post","link":"https:\/\/ioplus.nl\/archive\/en\/latvia-wants-to-expand-its-green-trolleybuses\/","title":{"rendered":"Latvia wants to expand its green trolleybuses"},"content":{"rendered":"\n
Read more about the countries in this project<\/span><\/a><\/div>
More about Latvia<\/span><\/a><\/div><\/div><\/div><\/div>\n\n\n\n\n\n

A crisis like the corona pandemic calls for decisive measures. The EU has freed up \u20ac723.8 billion<\/a> in an effort to use the Recovery and Resilience Facility (RRF) to pull the European economy out of the recession caused by corona. In order to qualify for a share of this large bag of money, member states must submit a plan to the European Commission. In the series Decarbonizing Europe, we put those plans under a magnifying glass.<\/em><\/p>\n\n\n\n

The corona crisis hit few countries in the European Union as hard as it hit Latvia, which had already endured a severe recession during the credit and euro crisis. Over the coming years, the central Baltic country will receive a total of \u20ac1.8 billion from Brussels as part of the Recovery & Resilience Fund. Emissions from the transport sector are priority number one.<\/p>\n\n\n\n

Latvia may only be receiving \u20ac1.8 billion in European aid, but that amount is equivalent to about 6 percent of the total economy in 2019 – which is no trifling sum for the Baltic country. More than a third of the budget is going towards climate-related projects and a fifth towards accelerating the digital transition.<\/p>\n\n\n\n