German government decides on billion-euro cushion for climate investments

The new federal government of the SPD, Greens, and FDP is creating a cushion for climate investments in the coming years. With a further supplementary budget for 2021, unused loans of over €60 billion will be parked in the climate fund, as the Federal Ministry of Finance announced on Monday. In its second meeting under Chancellor Olaf Scholz (SPD), the cabinet initiated a corresponding proposal by Finance Minister Christian Lindner.

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