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Greece has an ambitious climate policy both for climate mitigation and adaptation, having surpassed the green-house gas reduction targets set for 2020, and aiming towards a zero carbon society by 2050. To achieve that, Greece has adopted a revised National Energy and Climate Plan (NECP) at the end of 2019, which stresses Greece’s priorities and development potential in terms of energy and addressing climate change. The revised NECP has undergone public consultation, debate in the Greek Parliament and finally became national legislation. The main priorities set in the new NECP are: 1. Decarbonisation, i.e. the ending of Greece reliance on lignite by 2028, with the withdrawal of lignite-fire power stations of the Greek Public Power Corporation, and improvement of the power system (interconnection of certain islands with the mainland grid, etc). 2. Increase the penetration of Renewable Energy Sources (RES) for electricity production to 60% within the next decade. 3. A target set for more than 42% reduction over 1990 Greenhouse Gas (GHG) Emissions and more than 56% over 2005 emissions by 2030 in order to achieve a climate-neutral economy by 2050. 4. Energy saving initiatives, i.e. public and private funding programmes for the renovation of public buildings, industrial facilities and residences. 5. Optimal use of resources (energy, water, raw material) is one of the prerequisites for respecting planetary boundaries, halting biodiversity loss, and reducing global greenhouse gas emissions. In order to achieve this a National Strategy for Circular Economy has been developed to promote circular use of materials and circular business models.
In order to ensure the implementation of NECP and to reach the relevant targets a number of legal and financial instruments have been introduced. Some of these instruments include investment in RES, in natural gas and electricity transport and distribution networks,financial incentives for the purchase of electric cars, etc. In more details Greece has introduced the following initiatives – Programmes:

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