Germany Allocates 3.5 Billion Euros to Finance Climate Protection Program

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German Environment Minister Steffi Lemke said funding for the ‘Federal Action Plan on Nature-based Solutions for Climate and Biodiversity’ has been secured for the coming years. She said that more than 3.5 billion euros are to be allocated for this purpose until 2028 – the largest funding ever for nature and climate protection in Germany.

Lemke stressed the importance of protecting the nature in light of the worsening climate crisis.

She said that healthy forests and floodplains, healthy soils and wetlands, clean seas and water, and natural green spaces in cities and the countryside can work to draw carbon dioxide from the atmosphere and store it for the long term. They also act as a buffer against the consequences of the climate crisis by preserving water in the natural environment so that it can play a cooling role in hot weather.

The funding for the Federal Action Plan on Nature-based Solutions for Climate and Biodiversity, approved last year, is provided by Germany’s Climate and Transformation Fund (CT
F) – a special government fund used to finance projects aimed at providing greater climate protection, as well as the construction of factories, such as semiconductor plants.

Source: Qatar News Agency