ROME (ITALPRESS) – The European Commission has approved Malta’s Social Climate Plan, the fourth national plan adopted under the Social Climate Fund, which uses carbon-pricing revenues to support a fair and inclusive clean transition. Malta’s plan will mobilise €60.6 million through 2032, including €45.4 million from the European Union.
The Social Climate Fund provides EU member states with financial support for measures and investments set out in their national plans, helping to ensure that the clean transition is fair and leaves no one behind.
Between 2026 and 2032, the fund is expected to mobilise at least €86.7 billion. The financing will combine revenues from the new emissions trading system covering fuel combustion in buildings, road transport and other sectors, known as ETS2, with national contributions amounting to at least 25% of the cost of each country’s plan.
Malta’s plan will help vulnerable households improve the energy efficiency of their homes and renovate flats in publicly owned social housing. Measures will include roof insulation and the installation of renewable-energy systems, such as heat-pump water heaters and solar panels with battery storage.
The plan will also expand sustainable transport options for more than 30,000 vulnerable users through door-to-door community transport services.
Support will also be provided to vulnerable micro-enterprises in transport-dependent sectors by improving access to affordable electric mobility and charging infrastructure, helping them switch to electric vehicles.
– Photo Doi –
(ITALPRESS).
