European Commission Endorses Malta's €60 Million Social Climate Plan
The European Commission has endorsed Malta's €60.6 million Social Climate Plan to support vulnerable households and small businesses through the clean transition.
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The European Commission has endorsed Malta's Social Climate Plan, making it the fourth national plan adopted under the Social Climate Fund. The fund uses revenues from carbon pricing to ensure a fair and inclusive clean transition for vulnerable households and small companies.
The plan will mobilise €60.6 million until 2032, which includes €45.4 million in funding from the European Union, according to the European Commission.
Source: European Commission. Read the original report ↗
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This brief is based on reporting by European Commission.supports: European Commission