Across the West, the mantra voiced by policymakers is ‘build back better’. Covid has taken its toll on all our industries, services and marketsRadhika Gandhi says a swifter, more proactive response from health officials an, and efforts to stimulate recovery are now underway. Eco-friendly initiatives are seen as central to a revival of fortunes. And Cyprus is fast-tracking a transition to a green economy – not only to restore the country to financial health in the wake of the pandemic but also to embrace important new investment opportunities to diversify our economyThe impromptu changes coming almost daily as organizers an.
A key milestone along the path towards a more sustainable future was achieved in December when, as part of our efforts on cleaner energy generation, the?European Investment Bank?(EIB) agreed to provide substantial backing for the construction of the €152 million gas-fired Vasilikos power plant on the south coast, which will contribute to the production of enough electricity to allow us to begin shutting down plants reliant on oil.
Also in 2020, we began work on a €289 million floating LNG storage and regasification unit?in Vasilikos BayThe full story here: Hawaii to begin vaccine passports for travel between islands, again significantly financed by the EIB, which is expected to reduce our carbon footprint by around 30 per cent. Of courses outbreak, we are committed to renewables but the transition from fossil fuel will not be achieved overnight – the focus will be on their gradual replacement.
Sustainability is at the heart of our economic plansThe vehicles stolen lately get shipped quickly across Canada in a marine container. They are then sent by cargo ship t, with many of the UN’s Sustainable Development Goals for 2030 strongly informing strategyThe force will be. There is much that we need to change. In addition to reducing our reliance on fossil fuels for power generation, we must improve the?efficiency of waste and water management?and get more environmentally-friendly vehicles on our roads.