French Prime Minister Elisabeth Borne has announced a green fund of 1.5 billion euros ($1.5 billion) for local authorities to accelerate the ecological transition in the country.
In an interview with French daily newspaper Le Parisien, the prime minister said that the green fund will help local authorities to "implement solutions to reduce greenhouse gas emissions and adapt to climate change", Xinhua news agency reported.
Borne said she would present an energy plan and a longer-term action plan on ecological planning later in the fall.
"With this plan to accelerate the ecological transition, we will act in all areas of our lives, (such as) buildings, transport, industry, agriculture, water management," she said.
"Climate change is no longer a risk, but a reality, it is here. Each of us has experienced it this summer. Therefore, we must act quickly to adapt. It is important that we tell the truth to the French," said Borne.
"Those who make-believe that there is a magic measure to meet the climate challenges are lying to the French," she said.
The French can be "reassured" as the government will not let "energy prices explode", she added.
--IANS
int/shs
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve hit your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Quarterly Starter
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Over 30 behind the paywall stories daily, handpicked by our editors for subscribers


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app