to-the-point: EUR 526m for green efforts in Sweden's 2018 budget

Wind turbine in Sweden. Author: Lars Falkdalen Lindahl. License: Creative Commons. Attribution-ShareAlike 2.0 Generic

Sep 5 (Renewables Now) - Sweden’s Budget Bill for 2018 includes SEK 5 billion (USD 624m/EUR 525.8m) in support of environment and climate efforts at home and abroad, the government announced today.

The country is planning various measures to cut emissions of greenhouse gases (GHG), increase the use of renewable energy, and safeguard biological diversity in oceans and on land. Sweden will also aim to “ensure flourishing and sustainable urban areas”.

The long list of planned investments, includes solar energy, charging stations and electric bikes.

The Budget Bill is based on an agreement between the Government and the Left Party.

(SEK 10 = USD 1.25/EUR 1.05)

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