German Finance Minister Altmaier says EU should support green investment
Germany’s acting Finance Minister Peter Altmaier said that green finance should receive support at EU level to stimulate the growth of a business model of the future, the news agency dpa reports in an article carried by eu-info.de. Investments that produce sustainable financial returns could be supported in the same way as Germany supports resource efficiency and renewables, Altmaier said. “I explicitly support this idea,” the conservative politician and former German environment minister said. This type of investment could help the EU reach its climate targets and reduce greenhouse gas emissions in line with the Paris Climate Agreement.
Find the article in German here.
See the CLEW article Private climate finance under scrutiny on eve of Paris summit for more information.