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German cabinet earmarks 35.4 billion eur for climate fund for 2023 - Lindner

German cabinet earmarks 25.4 billion eur for climate fund for 2023 - Lindner
German cabinet earmarks 25.4 billion eur for climate fund for 2023 - Lindner Copyright Thomson Reuters 2022
Copyright Thomson Reuters 2022
By Reuters
Published on Updated
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(Corrects headline and lead after the finance ministry amends the figure to 35.4 bln euros from 25.4 bln)

BERLIN - The German cabinet has earmarked 35.4 billion euros ($35.90 billion) for expenditure in 2023 by a climate fund it approved last year to speed up the transition towards a green economy, Finance Minister Christian Lindner said on Wednesday.

The sum includes 16.9 billion euros for spending on more efficient buildings, with a focus on the renovation of existing buildings, Lindner added.

($1 = 0.9838 euros)

(This story corrects headline and lead after the finance ministry amends the figure to 35.4 bln euros from 25.4 bln)

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