Spain to allocate 262M euros to fight climate change

Spanish authorities have announced the allocation of approximately 262 million euros to help combat climate change, acting head of government of the kingdom, Pedro Sanchez, said at an event within the 78th session of the UN General Assembly in New York, Report informs.

Spain wants to strengthen its commitments to climate finance, he said, noting that the country will contribute 225 million euros to the second replenishment of the Green Climate Fund.

He added that another 20 million euros, which Madrid will allocate, will go to the international ‘adaptation fund.’

In addition, he noted that Spain will allocate 17 million euros to tools that promote climate justice.