Belgium, (Brussels Morning Newspaper) The European Commission adopted the Just Transition Fund (JTF) program on Monday as part of which the Czech Republic will receive 1.64 billion euros.
The body pointed out in a statement on Monday that the Czech Republic will receive the money in the form of grants to support its green push.
Czechia is to use the money to phase out coal from its energy mix by 2033, with the EC stressing that the programme will “ensure a fair transition to climate neutrality.”
The body pointed out that the JTF will help parts of the Czech Republic with high concentrations of heavy industry, including Carlsbad, Ústecký and Moravian-Silesian regions.
Continue reading EC approves €1.64bn for Czech green push at Brussels Morning Newspaper.
