Most businesses claim that energy efficiency is of high priority to them. However, smaller businesses are faced with a challenge to identify and/or implement adequate energy saving opportunities because they lack expert knowledge on the topic and / or due to high costs and lack of funding. It is important to note that electricity in Cyprus is expensive relative to the EU average, despite a relatively smaller proportion of taxes and VAT, which hampers business competitiveness. Component 2.1 Climate neutrality, energy efficiency and renewable energy penetration includes measures which contribute to Cyprus transition to climate neutrality, through the achievement of the national targets in energy efficiency and renewable energy for 2030. Specifically, the component aims to improve the environment policy through measures relating to green taxation, the opening-up of the electricity market and the facilitation of licensing of renewable energy and renovation projects. It aims to improve the energy efficiency of the building stock and other infrastructure, and support green investments in SMEs, housing, the wider public sector and Contribution of various components