Climate ambitions are running into macroeconomic headwinds in the European Union and the United Kingdom.Speaking in late May, French Minister of the Economy Bruno Le Maire adamantly rejected the idea that France's transition to a net-zero economy should be financed by issuing more debt. Then, just days later, Rachel Reeves, the UK's shadow chancellor, backtracked from an earlier campaign pledge to borrow 28 billion euros ($35 billion) per year to finance climate investments. She now promises that, if elected, a Labour government would be fiscally 'responsible,' increasing the country's green investments only gradually.

https://n.news.naver.com/mnews/article/044/0000247964?sid=104

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