Politics · Germany · 12 hrs ago

Germany has not submitted a plan to use €5.3 billion in EU climate funds

Germany has not submitted a plan to use €5.3 billion in EU climate funds

Germany is eligible for about €5.3 billion from the EU Social Climate Fund through 2032.

The money is intended to help low-income households manage the shift to cleaner energy, including through heating upgrades and cleaner transport.

It could also compensate households for extra costs linked to the EU’s new emissions trading system, known as ETS 2.

Germany must submit a national plan setting out which measures it will fund, but the government has not yet submitted its plan.

Ten EU countries, including Sweden and Greece, have already submitted theirs.

Germany’s environment ministry is leading the plan’s preparation, and a ministry spokesperson said it should be completed soon.

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Environment Ministry spokespersonSpokesperson for Federal Environment Minister Carsten Schneider
The plan should be completed soon
via Handelsblatt