Germany Plans €100 Billion Climate Budget But Overlooks Global Responsibility
Berlin, March 14, 2025 – 350.org welcomes the incoming German government’s decision to allocate €100 billion for climate action and economic transformation as part of its extraordinary budget. This marks a significant step towards decarbonizing Germany’s economy. However, the glaring omission of international climate finance raises serious concerns about Germany’s commitment to global climate justice.
“The scale of this investment signals progress and will ensure green job growth, but climate change knows no borders,” said Andreas Sieber, Associate Director of Policy and Campaigns at 350.org. “Germany cannot afford to look only inward while it needs to build bridges – even more so as Donald Trump is busy burning bridges. Cooperation with emerging and developing economies will demand more than rhetoric. A transformative budget must also include robust international support for developing countries.”
- The incoming government coalition had initially envisioned a €500 billion infrastructure budget, of which €100 billion is now designated specifically for climate transformation.
- These funds will not finance existing projects but new and additional climate protection measures within Germany’s domestic transition framework.
- These funds will be allocated via Germany’s transformation fund, which operates domestically. By limiting the scope to domestic initiatives, the budget neglects international climate finance, a critical pillar of global climate action.
350.org urges the German government to uphold its responsibility as a leading economy and ensure that international climate finance is not sidelined.