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House Approves 34 Billion Euro Climate Fund for Green Investments: Coalition Parties Seek Support from Opposition Parties for Senate Majority

A climate fund containing a 34 billion euro subsidy for green investments has been approved by the House of Representatives. The cabinet managed to get support from GroenLinks and PvdA, among others, so that the plan was adopted with a large majority.

The support of the two parties is important because they can help the plan to a majority in the Senate. The coalition parties do not have enough seats and therefore need support from opposition parties.

The fund is intended to encourage people and companies to take sustainable measures. For example, there will be money for electric cars and trucks and for making homes more sustainable. This should reduce CO2 emissions, so that climate goals are achieved.

In exchange for their support, GroenLinks and PvdA wanted some adjustments. For example, they want tighter supervision of whether the subsidies that companies receive actually benefit the climate. They also think it is important that households have enough claim on the money. They also want an organization to monitor expenditure.

2023-07-07 11:40:30
#Climate #fund #billion #euros #green #light #House #Representatives #Economy

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