This week, the Socialist and Green Parties submitted sufficient signatures to trigger a popular initiative, reported RTS.
According to the organisers, nearly 130,000 signatures were submitted to the Federal Chancellery on Thursday. The initiative aims to create a climate fund. It would compel all levels of government to invest in actions to meet international climate agreements.
If the plan is accepted by a majority of voters, starting no more than three years after its acceptance the federal government would need to put 0.5% to 1.0% of annual GDP into the fund, a figure that could reach between CHF 3.5 and 7 billion. Only if Switzerland reaches its climate goals could contributions to the fund be reduced.
The funds would be used to install more solar panels, promote building renovations, expand public transport and promote the preservation of habitats and biodiversity.
Any eventual vote on the plan would not be expected to go to before voters before 2026.
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