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Swedish 2021 Budget To Include $1.1 Billion In Climate Measures

SWEDEN-ECONOMY-BUDGET:Swedish 2021 finances to incorporate $1.1 billion in local weather measures

Sweden’s Social Democrat and Green minority authorities mentioned on Monday its 2021 finances would comprise 9.7 billion Swedish crowns ($1.11 billion) in new spending aimed toward preventing local weather change.

  • Reuters
  • Last Updated: September 14, 2020, 1:54 PM IST

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STOCKHOLM: Sweden’s Social Democrat and Green minority authorities mentioned on Monday its 2021 finances would comprise 9.7 billion Swedish crowns ($1.11 billion) in new spending aimed toward preventing local weather change.

The measures embody elevating the subsidy for individuals shopping for electrical vehicles, additional money for public transport, cash for climate-smart renovation of public housing, help for biofuels and for constructing cycle-paths.






The authorities has mentioned the finances, to be printed on Sept. 21, will comprise greater than 100 billion in new spending aimed toward kick-starting the financial system following the coronavirus pandemic.

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