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Germany to Invest 100 Billion Euros by 2030 to Fight Climate Change

RIO DE JANEIRO, BRAZIL - The parties of the governing coalition of German Chancellor Angela Merkel agreed on Friday, September 20th, on a climate strategy that will represent at least EUR100 (R$460) billion in investment by 2030.

This amount will be invested in climate protection and the energy transition according to the final text of the agreement, which was reached after more than 18 hours of negotiations between the conservatives of the Chancellor's Party (Christian Democratic Union/CDU) and the Social Democrats (SPD).

The government plans to spend EUR54 billion in the first four years of the plan until . . .

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