Spain proposes $53 billion public investment in climate change plan


  • World
  • Wednesday, 20 Feb 2019

Spain's Prime Minister Pedro Sanchez gestures during a news conference after an extraordinary cabinet meeting in Madrid, Spain, February 15, 2019. REUTERS/Juan Medina

MADRID (Reuters) - Spain's Socialist government announced a 47 billion euro (£40.66 billion) public investment plan on Wednesday to tackle climate change over 10 years, which would be partly financed by issuing green bonds.

The proposal, which sets a goal to make Spain carbon neutral by 2050, is a statement of intent as the government faces a general election on April 28.

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