Spanish PM Pedro Sanchez announces €235 billion to tackle climate change over next 10 years

SPAIN’S Prime Minister has said the country will spend €235 billion to tackle climate change over the next 10 years.

Pedro Sanchez said the funding would be invested in renewable energy, research and development and helping areas reliant on fossil fuels for jobs to transition to more sustainable industries. The funds come as part of Spain’s National Energy and Climate plan which runs from 2021 to 2030.

“These are real, concrete, accountable and effective measures,” Sanchez said while announcing the funding.

“Spain is ready to contribute to creating a global, prosperous, fair and ecological economy,” the Prime Minister added.

Teresa Ribera, Spain’s Climate Change Minister, said it was “imperative” for governments across the world to address the issue.

“It will no longer be possible to ensure prosperous and stable progress without taking into account the impacts of climate change and the loss of biodiversity,” Ribera said.