Sweden invests in climate, nature protection

The new Swedish government proposes to boost climate action, renewable energy and nature protection with additional funding in its 2015 budget

The new Swedish government proposes to boost climate action, renewable energy and nature protection with additional funding in its 2015 budget.

The budget proposal presented last week allocated some SEK9.9bn (€1bn) to the areas of environment and energy, which presents an increase of SEK1.4bn compared to this year.

To tackle climate change, the government wants to help local authorities reduce CO2 emissions with SEK200m in 2015 and triple the sum the following year. It also plans to invest SEK200m in adapting to climate change after a summer of extraordinary heat and a severe forest fire. The lion’s share of that will fund local government efforts, it said.

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