Tag: financial support

Green Fiscal Stimulus in Vietnam and China: Paper

Using the case of two emerging economies, Indonesia and Vietnam, this paper investigates whether the stimulus plans align with a country’s sustainable energy and climate targets. This study finds that despite ambitious country targets for green energy transition, these countries may miss opportunities for a green future due to limited fiscal measures directed to green recovery. The pandemic has exacerbated public fiscal budgets that may further limit the capacity to fund green projects.

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New measures in Germany for increasing renewables generation

The European Commission has approved, under EU State aid rules, three additional measures to support electricity production from renewable energy sources in Germany. The additional measures supplement the German Renewable Energy Act (“Erneuerbare Energien Gesetz” – ‘EEG 2021′), and will further contribute to achieving Germany’s environmental targets and the EU’s strategic objectives relating to the EU Green Deal.

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