On Monday, the government announced a new initiative aimed at reducing carbon emissions by 40% by 2030. The plan includes incentives for renewable energy adoption and stricter regulations on industrial pollution.
Critics argue that the targets are too ambitious and could harm economic growth. However, supporters believe the move is necessary to combat climate change and create green jobs.
The initiative will be funded through a combination of tax increases on high-emission industries and international climate funds. Implementation is expected to begin next year.
Key details include subsidies for homeowners installing solar panels and tax breaks for companies investing in electric vehicle fleets. The government also plans to expand public transportation networks in urban areas.