EconomyGermany Plans to Cut Climate Fund by More Than €30 Billion Through 2030
Germany plans to remove more than €30 billion, or $34.2 billion, from its climate and transformation fund through 2030. Chancellor Friedrich Merz’s government is seeking to consolidate public finances. Some of the fund’s resources would be shifted into the federal budget. The move would redirect money originally held in the climate and transformation fund.
Germany Plans to Cut Climate Fund by More Than €30 Billion Through 2030