Germany Remains Committed to Climate Investments Despite Budget Crisis

Germany will remain committed to financing the energy transition with billions of dollars despite a raging budget crisis that has cast a shadow over the country’s 2024 spending. This is what Foreign Minister Annalena Baerbock told the Financial Times before the start of COP28 in Dubai. We will always be a reliable partner,” Baerbock told the FT. “That’s why we agreed within the federal government that we will fulfil our international obligations.” Germany has committed to some 6 billion euros in transition funding…