the State will mobilize an additional 7 billion euros in 2024, announces Elisabeth Borne

The State will mobilize an additional 7 billion euros in 2024 to double the rate of reduction of greenhouse gas emissions in France and meet the objectives for 2030, the Prime Minister announced on Saturday in an interview with Le Parisien / Today. today in France.

The State will play its part since, from next year, we will increase our contribution to the plan by 5 billion euros, beyond the 2 billion more than we had already planned, so in 2024, we will have 7 billion more than in 2023 for the financing of the ecological transition, declared Elisabeth Borne.

At the end of 2023, the government had already announced the mobilization of 2 billion euros to supply the Green Fund, intended to support the ecological projects of local authorities.

In the 2023 budget, the state’s climate investments represented around 25 billion euros, according to Matignon.

It is an unprecedented investment by the state which will be used to finance energy renovations, public transport, renewable energies and agricultural transition, she added, without specifying at this stage the source of this funding which must be discussed. in the 2024 finance bill.

It does not mean 7 billion in additional taxes, quite the contrary, says one in his entourage, stressing that this figure corresponds to the order of magnitude of the reductions in expenditure expected from ministers.

This is new money, which will generate a lot more because it will be used in projects co-financed by the communities as usual, adds the entourage of the Prime Minister.

France must, by 2030, reduce its emissions by 50% compared to 1990 levels, in accordance with the new objectives of the European Union. It was approaching a -25% reduction in 2022.

All reproduction and representation rights reserved. 2023 Agence France-Presse.

source site-96