Climate Agency given deadline to redefine EU funding for 2030 decarbonization

The government has instructed the Climate Agency to define priority areas for the EU Modernization Fund by 31 December, specifically targeting electric vehicle (EV) subsidies for families and small businesses, the decarbonization of heavy goods transport, and reducing natural gas consumption in industry. Minister of Environment and Energy Maria da Graça Carvalho confirmed that the government plans to support the purchase of approximately 20,000 EVs for low-income households with up to 80% funding, as well as providing support for up to 9,000 EVs for micro-enterprises.

