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Climate love

German cabinet approves 58 bln euro green investment plan for 2024.

The German cabinet has decided to increase green investment funding by 60.2% from 2023 to 57.6 billion euros ($63.2 billion) in 2019. With 18.9 billion euros for restorations and new construction in 2024, the Climate and Transformation Fund will concentrate on the German construction industry. Around 12.6 billion euros will be provided for renewable energy subsidies, while 4.7 billion euros will go toward the expansion of the e-mobility charging infrastructure.
Germany plans to use 4.1 billion euros in subsidies to build up domestic production capacity for raw materials and transformation technologies, such as solar power components. Due to the US Inflation Reduction Act, which might entice industries away from Europe, it is imperative to support the development of renewable energy in Europe.






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19 more agrees trigger social media ads

  • Videlis Eddie

    42 w

    German cabinet is making commendable steps clean energy is what we need

    1
    • Patrik Lobergh

      42 w

      @videlis_wanjiru They are not doing the steps needed and not at the pace needed. Hence the controlling organisation in Germany are giving the Government thumbs down 👎 No climate love from me until this substantially changes.

    • We Don't Have Time

      44 w

      Dear Gorffly mokua Your climate love has received over 50 agrees! We have reached out to Germany by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Adam, We Don't Have Time

      4
      • Patrik Lobergh

        44 w

        The plan is good on paper. However, Germans are now flying and driving their fossil fuel powered cars more than ever, and people are unwilling to change their behaviour, they expect the politics to solve that problem...

        3
        • Kevin

          45 w

          An awesome move by the German cabinet

          5
          • bonke reinhard

            45 w

            Germany gas decided they will not lag behind and watch the progress of other Nations.Its time we puch for reform's in climate together

            4
            • Peter Kamau

              45 w

              Great development.It tells just how woke Germany is in tackling the climate crisis.

              2
              • mercy nduta

                45 w

                Green investments play a crucial role in the transition to a low-carbon economy.

                3
                • Elizabeth Gathigia

                  45 w

                  Nice move by Germany, clean energy all the way 👍

                  6
                  • mercy nduta

                    45 w

                    @elizbeth_gathigia A global transition to 100% renewable energy across all sectors is feasible.

                    4
                  • Grace Njeri

                    45 w

                    Green investments are of paramount importance.

                    7
                    • Komu Daniel

                      45 w

                      Incredible move by German

                      8
                      • Ajema Lydiah

                        45 w

                        amazing

                        16
                        • Joyce Waturu

                          45 w

                          Excellent news.

                          7
                          • Rukia Ahmed Abdi

                            45 w

                            Green energy is the future we want. Good step by German cabinet.

                            15
                            • Grace Njeri

                              45 w

                              @rukia_ahmed_abdi we need to differ from fossil fuels principally in their diversity, abundance and potential for use anywhere on the planet.

                              7
                              • mercy nduta

                                45 w

                                @rukia_ahmed_abdi Green energy remain pivotal for the environment.

                                3
                              Welcome, let's solve the climate crisis together
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