Budget: Resistance within the CDU/CSU parliamentary group against the rainforest fund
An international fund is supposed to contribute to the preservation of the rainforests, with Germany wanting to contribute one billion euros. A CDU politician is now calling Germany's participation into question.
The German government's pledge of 1 billion euros over 10 years to a fund aimed at preserving rainforests is facing resistance from within the ruling coalition. CDU lawmaker Andreas Mattfeldt criticized the lack of clear conditions attached to the pledge, saying it's hard to justify such a large commitment of funds when Germans are facing austerity measures at home.
The fund was launched at the climate conference in Brazil in November, and is meant to reward countries for preserving their forests and penalize them for destroying them, with payments tracked via satellite imagery. Mattfeldt plans to push for a comprehensive block on the funds in the budget committee.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.