European Commission approves Latvia's social climate plan
The European Commission has endorsed Latvia’s €617 million Social Climate Plan, the third such national initiative approved under the Social Climate Fund to support a clean energy transition.
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The European Commission announced the endorsement of Latvia's Social Climate Plan on 20 July 2026. This initiative represents the third national plan to receive approval under the Social Climate Fund. According to the European Commission, the fund is designed to utilise revenue generated from carbon pricing to facilitate a fair and inclusive transition to clean energy. The programme aims to provide targeted support to vulnerable citizens and businesses throughout the process. The approval marks a key step in Latvia's implementation of measures intended to balance climate objectives with social welfare.
Source: European Commission. Read the original report ↗
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This brief is based on reporting by European Commission.supports: European Commission