Germany reached its target of raising six billion euros from its state budget for international climate finance three years ahead of time, said the development ministry (BMZ). Germany’s climate finance in 2022 totalled around 6.4 billion euros, up from 5.3 billion euros in 2021, and thus surpassed the six-billion target set for 2025. State secretary Jochen Flasbarth said he is “confident that we can maintain the level of six billion euros in the years to come.”
