European finance ministers could formally adopt the revised post-Covid-19 recovery plans for Austria, Denmark, Sweden (see EUROPE 13275/30) and Lithuania (see EUROPE 13278/42) at the Ecofin Council meeting on Thursday 9 November.
These revised national plans, which all contain a ‘REPowerEU’ chapter aimed at accelerating the energy transition and reducing dependence on Russian hydrofluorocarbons, are on the agenda for the meeting of the Member States’ ambassadors to the European Union (Coreper) on Wednesday 8 November.
Austria. Now with a budget of €3.96 billion solely in the form of grants, the revised Austrian plan is allocating 56% of the available funds to the climate transition (see EUROPE 13224/23).
See the annex to the proposal for a Council decision approving the revised Austrian plan: https://aeur.eu/f/9e6
Sweden. Now with €3.45 billion solely in the form of grants, the revised Swedish recovery plan is devoting 43.6% of the allocated funds to the climate transition, notably through the electrification of the Swedish economy and the construction of energy-efficient housing (see EUROPE 13236/20).
See the annex to the proposal for a Council decision approving the revised Swedish plan: https://aeur.eu/f/9e8
Denmark. The revised Danish plan, which now has a budget of €1.63 billion solely in the form of grants, is devoting 69% of its financial allocation to the climate transition.
See the annex to the proposal for a Council decision approving the revised Danish plan: https://aeur.eu/f/9e7
Lithuania. Now worth €3.85 billion, including €1.55 billion in loans, the revised Lithuanian plan will promote the use of renewable energies in industry, streamline procedures for solar and wind energy production projects, and speed up the renovation and energy efficiency of buildings.
See the annex to the proposal for a Council decision approving the revised Lithuanian plan: https://aeur.eu/f/9e9 (Original version in French by Mathieu Bion)