Commission approves Greece's €4.77bn Social Climate Plan

€4.77 billion is mobilised by 2032 (€3.57 billion from the EU, €1.2 billion national), covering building renovations and heat pumps, more than 200 electric buses, 22 additional Athens metro trains and €820 million for micro-enterprises.

On 28 Aug 2026 the European Commission adopted Greece's Social Climate Plan for 2026–2032, the fifth and so far largest national plan under the Social Climate Fund; it mobilises €4.77 billion by 2032 (€3.57 billion from the EU, €1.2 billion national) and is meant to cut annual emissions to 811,000 tonnes of CO2 equivalent. It supports 460,000 vulnerable households, including up to 62,000 renovations, 200,000 heat pumps and solar water heaters and 2,800 new social housing units; transport measures include more than 200 electric buses, 22 additional Athens metro trains, on-demand services and charging infrastructure, and €820 million goes to 28,000 vulnerable micro-enterprises. Greece can request its first payment once implementation has begun and milestones are met. (LOK Report, 28 Aug 2026)