site.btaDeputy Energy Minister: Updated National Energy and Climate Plan Is Ambitious yet Achievable

Deputy Energy Minister Krassimir Nenov, who spoke at the international forum on Just Transition Opportunities Beyond Borders dedicated to the economic transformation of coal regions here on Wednesday, said that the updated Integrated National Energy and Climate Plan is ambitious yet achievable.

The event is taking place at Sofia's Expo Hotel and is part of the Transition of Opportunities project, which aims to promote the contribution of the EU cohesion policy, the Just Transition Fund and the Recovery plan for Europe that aims to ensure a smooth and just transition to a climate-neutral economy.

Nenov reported that there has been significant progress on the renegotiation of the Recovery and Resilience Plan. He added that there is understanding from the European Commission (EC). There is a draft proposal that is favourable for Bulgaria and acceptable to the EC on decarbonization and on the reform of the governance of state-owned companies.