Spain's Commitment to Climate Resilience: A Multi-Billion Euro Initiative

Spanish Prime Minister Pedro Sanchez unveiled 4.37 billion euros in additional funding to rebuild the flood-hit Valencia region, alongside measures to tackle climate change. This comes in addition to the 10.4 billion euros previously announced. The disaster, which took 220 lives, highlights the urgent need for climate resilience.

Aiming to boost the country's climate resilience, Spanish Prime Minister Pedro Sanchez announced fresh measures worth 4.37 billion euros for the flood-devastated Valencia area.

These funds are in addition to the 10.4 billion euros earmarked last week to address ongoing climate challenges.

The urgent response follows a devastating flood that claimed the lives of more than 220 people when torrential rains caused flash floods in Valencia on October 29.

(With inputs from agencies.)