The European Commission is set to unveil new guidelines on State Aid for climate, environmental protection and energy before the end of the year.
These guidelines are part of the instruments to help the European Union achieve climate neutrality by 2050 and reduce its greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels, both of which became legally binding with the European Climate Law (see EUROPE B12750A27).
Effective from 1 January 2022, these revised guidelines on...