Greece picked up kudos on Thursday for its response to the global energy crisis, in the wake of Russia’s invasion of Ukraine, by the International Energy Agency (IEA) said in a report released on Thursday.
The IEA, in a released report, commended Greece for its recent national climate legislation, which set targets to fully eliminate net greenhouse gas emissions by 2050.
Greece has made notable progress towards meeting these goals, including significantly reducing the share of lignite in its power mix, and setting a binding target to end the use of lignite for electricity generation by 2028. At the same time, Greece has taken clear steps to ensure a just transition in its lignite-mining regions, the report stated.
Despite these successes, challenges remain – fossil fuels still account for most of Greece’s energy supply and stronger efforts are needed on energy efficiency, the Agency stated.
It also noted that recommendations set out in the report will help Greece accelerate its energy transition while ensuring affordable and secure energy supplies.
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