Trade with Greece - 2011 - page 90

people will be employed in this sector during
these three-years.
Growth policy includes the participation of private
producers that are prepared to make investments
of €44 billion in the Greek green market by 2015,
contingent on the simplification of the institutional
framework, in order to support initiatives for deal-
ing with climate change, managing natural
resources and upgrading the environment. These
plans aim at creating 210 thousand jobs.
Supporting green entrepreneurship will hinge on
a set of measures and regulations concerning the
start-up, operation and growth of enterprises,
using as its main development tools the revised
Investment Incentives Law and specialized pro-
T
he government places great emphasis on
energy and power generation from
Renewable Energy Sources (RES), as
well as on energy-saving, which are the pillars of
its environmental policy, while the planning and
actions of the Ministry of Environment signal the
beginning of a new green industrial era, a new
green revolution.
This revolution will generate RES and energy effi-
ciency investments of almost €16.5 billion by 2017,
while the best case scenario provides for invest-
ments of up to €1.9 billion in 2011-14.
Special emphasis will be placed on boosting the
construction sector through energy-saving build-
ing improvements, anticipating that 1,350,000
Trade with Greece
88
Green growth has its own
share in the Greek econo-
my and is viewed as a pri-
ority despite the repercus-
sions of the economic cri-
sis, with the government
being resolute on its
green growth plan.
By Nickos Ypofantis
A Green
Shift in
Enterprise
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