Yesterday, the government approved an innovation program for climate technology, in accordance with the recommendations of the inter-ministerial team on promoting technological innovation related to the climate.

Under the program, the government will allocate NIS 3 billion between now and 2026 for promoting technological solutions for dealing with climate change, with the aim of encouraging the local industry and giving Israel an advantage in a growing international market.

The government sees this as a historic program that, if realized, will help Israel to meet the emissions reduction targets it has set for itself, and which it has not up to now managed to reach, and to compete internationally.