Croatia consumes at least 29.4% of its energy from renewable sources. Our goal is to increase this percentage to 42.5% by 2030 through green hydrogen and geothermal energy projects.
This is what Prime Minister Andrej Plenkovic said at COP29, the UN climate summit in Azerbaijan, reports HINA
"Financial resources for climate issues are important, but it is even more important to act now," Plenkovic stated.
Croatia's carbon footprint is far below the EU average.
Green hydrogen and geothermal energy projects will allow Croatia to increase this to 42.5% over the next five years, he announced. Plenkovic stressed Croatia's great potential for investment in pumped storage power plants (PSPPs), which are a form of clean energy storage.
He said the abandonment of fossil fuels in favour of renewable energy was not only good for the planet and the climate, but also an economic necessity, given the International Energy Agency's warnings of an imminent peak in oil production.
In the IEA's current policy scenario, the decline in coal production starts around 2025, while oil and gas demand peaks towards the end of the decade.
Croatia's efforts have proven that economic growth and a responsible approach to the environment can coexist. Croatia's carbon footprint is far below the European Union average. Of the 193 UN Member States, Croatia ranks eighth in terms of achieving the UN Sustainable Growth Goals. | BGNES
