Spain Boosts Defence Budget, Prioritizes Climate Change Action
Spanish Prime Minister Pedro Sánchez is reshaping the country's spending priorities, increasing defence budget while prioritising climate change mitigation. This shift has sparked international reactions and internal debates.
Sánchez boosted defence spending by 43.11%, reaching the NATO target of 2% of GDP. However, he's now resisting pressure from the Pentagon to increase military expenditure, instead advocating for climate change action. Spain aims to direct resources towards environmental protection, a stance that has led to some isolation on the global stage. The US has warned Spain about its business ties with Huawei, and the country has missed out on certain international coalitions.
Spain's 2025 budget allocates an additional €10.5 billion to defence and security, with €1.752 billion (around 15%) earmarked for managing emergencies and natural disasters. Sánchez is pushing to classify climate change spending as defence expenditure, arguing that 'climate change kills'. The past decade in Spain has seen €30 billion in material losses and 20,000 lives lost due to climate emergencies. Madrid is promoting the idea that investing in climate action is investing in security.
Spain, under Sánchez's leadership, is recalibrating its spending priorities, with a significant increase in defence budget and a strong focus on climate change mitigation. This approach, while isolating Spain internationally, reflects the government's commitment to addressing the pressing threat of climate change.
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