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Switzerland’s Plan for carbon neutrality

Content for Mains Enrichment (CME)

Source: TH

Switzerland has supported a new climate bill aimed at achieving carbon neutrality by 2050, with nearly 59% of voters in favour. The law seeks to reduce dependence on imported oil and gas and promote greener alternatives.

 

The text promises financial support of two billion Swiss francs ($2.2 billion) over a decade to promote the replacement of gas or oil heating systems with climate-friendly alternatives, as well as aid to push businesses towards green innovation.

 

Usage: The example can be used in the environment/Governance paper to highlight policies to mitigate carbon emissions.