Politics · World

Spain Pushes for EU Climate Fund and New Taxes

Spain is advocating for climate resilience to become a binding and funded policy within the European Union. Senior EU officials have indicated that a substantial budget necessitates significant resources. Spain's proposal includes the possibility of new EU-level charges, such as taxes on oil and gas profits, to finance this initiative. The country is seeking a dedicated climate risk fund to be included in the next EU budget.

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