THE GREEN ECONOMY
A green economy aims for sustainable development without degrading the environment. Climate change and energy sustainability is one of the headline priorities of the Europe 2020 Strategy; the European Union’s ten-year growth and jobs strategy, and sustainable growth is one of the seven flagship initiatives identified by Europe as new engines to boost growth and jobs. Green investments help reduce energy costs, increase efficiency in processes and improve the competitiveness of a business.
With over 320 days of sunshine, Cyprus has a great potential for investing in solar energy systems in order to reduce energy costs and decrease the dependency on fossil fuels. Recent revisions in legal text and funding availability in the northern part of Cyprus have paved the way for businesses to invest in renewable energy solutions.
There are a number of EU and other grant schemes funding projects on energy efficiency and use of renewable energy for small and medium enterprises in the northern part of Cyprus. See the links enclosed for more details.
- KOBIGEM, Grant and Credit Schemes – http://kobigem.gov.ct.tr/
- Europe 2020 Targets – http://ec.europa.eu/europe2020/europe-2020-in-a-nutshell/targets/index_en.htm
- A Resource Efficient Europe – Flagship initiative of the Europe 2020 Strategy – http://ec.europa.eu/resource-efficient-europe/
- European Environment Agency – http://www.eea.europa.eu/themes/economy/intro
- EU Regional Policy (DG REGIO) – http://ec.europa.eu/regional_policy/index_en.cfm
- EU Eco-Innovation Observatory – http://www.eco-innovation.eu/
- Intelligent Energy Europe – http://ec.europa.eu/energy/intelligent/
- UNEP – United Nations Environment Programme – http://www.unep.org/greeneconomy/
- DG ENTERPRISE: Green Action Plans for SMEs – http://ec.europa.eu/enterprise/policies/sme/public-consultation-green-action-plan/index_en.htm