German development minister calls for additional investments for climate protection
Ahead of Earth Overshoot Day (July 29) - the the date when humanity's demand for ecological resources and services in a given year exceeds what Earth can regenerate in that year – German dvelopment minister Gerd Müller has called for additional investments in global climate protection.
Müller stressed that much more funding needs to be invested in deeloping economies; Africa t in particular has the opportunity to develop technologically as a continent of renewable energy. More climate-related funding is needed for this endeavor.
The Federal Ministry for Economic Cooperation and Development (BMZ) provides more than 80% of Germany’s funding for international climate efforts.