The Australian government has announced additional funding of €1.2 billion for its “green bank”in order to accelerate the transition to renewable energies. “We are building Australia’s future”Labor Prime Minister Anthony Albanese said in a statement on Thursday.
This addition of 2 billion Australian dollars (1.21 billion euros) for the public investment company «vert» According to him, Clean Energy Finance Corporation (CEFC) should generate 6 billion Australian dollars in private investment. According to the CEFC, the additional capital will bring its total investment capacity to 32.5 billion Australian dollars (31.1 billion euros). This is the first increase in the Australian Green Bank’s investment capacity since its establishment in 2012.
The country, one of the largest emitters on the planet relative to its population, has committed to reducing its carbon emissions to zero by 2050. To this end, the authorities want to reduce Australia’s dependence on coal. and are trying in particular to rapidly develop renewable energies.
Morocco
