Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
The Danish government implements
Economy

Danish government plans to increase investment for climate programs

28.03.2022
2 min read

The Danish government will direct funds from the anti-crisis fund to environmental initiatives

The Danish government has decided to strengthen measures in terms of climate initiatives. In this regard, 60% of the funds that were allocated for economic recovery after the pandemic will be spent on environmental programs. The amount is about 1.9 billion dollars. According to the agreement of the European Union, its members should allocate at least 37% of the total amount in the EU Anti-Crisis Fund for climate measures.
According to the Danish government, these funds should contribute to achieving the goal of zero-carbon emissions as quickly as possible. The authorities of the country have found a way out where to allocate investments competently and at the same time to minimize the negative impact of the pandemic on the economy.
It should be noted that Denmark has already spent about 34% of the allocated funds, they went to the tax reform. The latter involves providing assistance to various industries, so that the process of reducing carbon emissions went more smoothly. First of all, such measures are useful for industrial enterprises and the transport sector. According to analysts, such initiatives should help reduce harmful emissions by about 70 percent by 2030. In turn, the climate strategy adopted in the European Union suggests reaching a mark of 55% by this period.
Denmark is one of the leading countries in the segment of environmental preservation.The Danish government implements climate programsPrograms to protect the environment have been implemented here for a long time. Back in 2015, the country was recognized as a leader in its conservation policy. One of the initiatives to reduce carbon emissions is the promotion of cycling. In Copenhagen alone, there are more than 500 kilometers of bicycle paths, and the number continues to grow, as do cycling enthusiasts. The ability to ride a bicycle in the capital of Denmark has significantly reduced the number of cars, relieved the burden of highways and reduced air pollution. It has become traditional for most Danes to get to work by bicycle rather than by car, especially since the necessary infrastructure is in place. In addition, the country is developing alternative energy sources, their share in the production of electricity is about 50%, and in some regions of the country – much more. The government’s goal is to reach 90% by 2050, and judging by the active introduction of new RES facilities, it will be possible to cross that bar before the deadline. Special attention is paid to wind energy, and Denmark is the world’s leader in the development of innovations in this segment. Technologies for generating electricity from wind power are regularly improved here, and new turbine designs appear. In addition, the country regulates by law the protection of nature and preservation of some areas in pristine condition.

Tags: Economic
0
Previous Post Apple introduced the new Tap to Pay feature Next Post Digital trends: what new approaches will help businesses grow

You Might Also Like

China intends
Economy
China intends to reduce carbon emissions by 2060
16.06.2021
Russian GDP growth
Economy
What GDP growth Russia showed in 2019: overview of the Ministry of Economic Development data
13.11.2020
UAE government-2
Economy
The UAE government supports the business ideas of civil servants
10.05.2023
Economies of the Baltic States
Economy
Economies of the Baltic States: main factors affecting their development
01.05.2020
Distributed registry technology
Economy
Blockchain and distributed registry technology can be used by the US Treasury Department
07.01.2021
GDP of African countries
Economy
African GDP was able to withstand the coronavirus pandemic
18.03.2021

Recent Posts

  • 1Mary Erdoes
    Mary Erdoes: the most powerful woman on Wall Street
    02.06.2023
  • 2Pilatus Aircraft
    Pilatus Aircraft: the history of the Swiss aircraft manufacturer
    01.06.2023
  • 3investment triangle to select a particular asset
    Investment triangle: how to choose the best asset for investment
    31.05.2023
  • 4Nissan and Renault
    Nissan and Renault invest $600 million in a joint venture
    30.05.2023
  • 5Noventiq
    Noventiq plans to float on the Nasdaq exchange
    29.05.2023

Popular Posts

  • Skolkovo analysts: the Russian energy market is suffering losses
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Is the IT sector facing a crisis: analysts’ view

Social media

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Press Secretary
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Press Secretary
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Press Secretary
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Press Secretary
16.05.2020

Latest Posts

inflation in the UK
Inflation in the UK will decline: analysts’ forecasts
03.06.2023
Mary Erdoes
Mary Erdoes: the most powerful woman on Wall Street
02.06.2023
Pilatus Aircraft
Pilatus Aircraft: the history of the Swiss aircraft manufacturer
01.06.2023

Chaslau Koniukh

Expert Chaslau Koniukh

Chaslau Koniukh – an expert in marketing and project management, IT consulting, international investments, investor, financial analyst. A commodity trader, private consultant, entrepreneur, lecturer, author of several articles on the stock market.

Popular Posts

  • Skolkovo analysts: the Russian energy market is suffering losses
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Is the IT sector facing a crisis: analysts’ view
  • Philip Fisher: a talented investor who was not widely known
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram
  • Biography

Chaslau Koniukh – an expert in marketing and project management, international investments, financial analyst.

Social media

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics