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The German Bundestag has agreed to allocate billions of euros provided in the budget approved as loans during the pandemic period for last year, but which were not needed.
Instead, the funds will be invested in climate protection and digitalisation, according to the 2021 supplementary budget presented by Finance Minister Christian Lindner.
The proposal envisions 60 billion euros ($ 66 billion) in unused loans placed in a special fund for climate and transformation in the coming years. The opposition called the measure controversial from a constitutional point of view, as the fund approved to fight the pandemic will be used for climate protection and other projects. The Christian Democrats have launched legal proceedings.
The Ministry of Finance announced that the pandemic enabled many investments in climate protection, which must be offset
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