2023-07-08 16:55:19
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. in France today.
“The State will take its share 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”, thus “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 the agricultural transition”, she added, without specifying at this stage the source of this funding. which must be discussed in the Finance Bill 2024.
“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 the ministries.
“This is new money, which will generate a lot more because it will be used in projects co-financed by 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 -25% reduction in 2022.
To achieve the target, the Prime Minister presented on May 22 a first chapter of the plan, drawn up by her ecological planning secretariat, which detailed the quantified reduction objectives for each major sector of the economy.
This quantified distribution of the effort was hailed for its novel and ambitious nature but criticized for the absence of an announcement on funding, one of the main difficulties.
The additional investments had been evaluated on the same day at 60 billion euros per year by 2030, half of which will be public money, according to the Pisani-Ferry-Mahrouz report.
“Today, we invest 120 billion euros per year, all combined, public and private sector, that is to say the State, local authorities, companies and households for actions in transport, buildings, industry, energy”, recalled the Prime Minister in her interview.
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