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German cabinet earmarks 35.4 billion eur for climate fund for 2023 - Lindner

Reuters
Updated ·1-min read
German Finance Minister Christian Lindner gives a statement in Berlin

(Corrects headline and lead after the finance ministry amends the figure to 35.4 bln euros from 25.4 bln)

BERLIN (Reuters) - The German cabinet has earmarked 35.4 billion euros ($35.90 billion) for expenditure in 2023 by a climate fund it approved last year to speed up the transition towards a green economy, Finance Minister Christian Lindner said on Wednesday.

The sum includes 16.9 billion euros for spending on more efficient buildings, with a focus on the renovation of existing buildings, Lindner added.

($1 = 0.9838 euros)

(This story corrects headline and lead after the finance ministry amends the figure to 35.4 bln euros from 25.4 bln)

(Reporting by Rachel More and Paul Carrel, editing by Kirsti Knolle)