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Policy and RegulationGermany
January 24, 2024

Germany’s climate bonus scheme in disarray amid budget reworking

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Germany’s Bundestag. At the end of 2023, a constitutional court ruling forced the government to revise its budget for 2024 and to announce spending cuts to some of its climate initiatives. (Photo: Tobias Schwarz / AFP via Getty Images)
Germany’s Bundestag. At the end of 2023, a constitutional court ruling forced the government to revise its budget for 2024 and to announce spending cuts to some of its climate initiatives. (Photo: Tobias Schwarz / AFP via Getty Images)

Germany is amending its climate policies, following a constitutional court ruling that created a €60bn hole in its budget

The German coalition government, led by socialist chancellor Olaf Scholz, will not follow through on its agreement to legislate a climate bonus, known as Klimageld, ahead of the next federal elections expected in 2025.

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