Attualita

Energy Transition: The Real Estate Challenge - Part One

The Principality of Monaco has committed to reducing its greenhouse gas (“GHG”) emissions by 55% by 2030, compared with 1990 levels, to achieve carbon neutrality by 2050. In this respect, the Mission for Energy Transition ("MET"), created to manage projects to limit these GHG emissions and develop renewable energy, has set up a national action plan, financed by the Green Fund, with a €25 million budget.

Energy Transition: The Real Estate Challenge

The Principality of Monaco has committed to reducing its greenhouse gas (“GHG”) emissions by 55% by 2030, compared with 1990 levels, to achieve carbon neutrality by 2050. In this respect, the Mission for Energy Transition ("MET"), created to manage projects to limit these GHG emissions and develop renewable energy, has set up a national action plan, financed by the Green Fund, with a €25 million budget.

Residential property observatory 2020

As it does every year, the Monegasque Institute of Statistics and Economic Studies (IMSEE) publishes figures relating to real estate transactions, and more specifically those concerning the private residential sector and its ten-year evolution.

Brexit: what changes for obtaining residence in Monaco?

On January 1st, 2021, the United Kingdom of Great Britain and Northern Ireland officially left the European Union. The Brexit then led to the abandonment of EU law and especially the free movement area for British nationals inside the Schengen space.

One more step towards soft mobility: the “Galerie des Salines”

As a result of its commitment to protecting the environment and constantly improving its quality of life, the Principality of Monaco is pursuing its policy regarding soft mobility and will create an underground gallery called "Galerie des Salines", which is scheduled for completion in the first half of 2023.

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