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4mo ago

Hamburg Unveils €30 Billion Plan for Climate, Housing, and Infrastructure

Mayor Peter Tschentscher outlines the Rot-Grün coalition's third-term agenda, emphasizing continuity, climate neutrality by 2045, and expanded social housing.

Peter Tschentscher (SPD), Erster Bürgermeister von Hamburg, bei seiner Regierungserklärung
Peter Tschentscher (SPD), Erster Bürgermeister und Präsident des Senats der Freien und Hansestadt Hamburg, hält eine Regierungserklärung während der Sitzung der Hamburgischen Bürgerschaft im Rathaus.
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Overview

  • The SPD-Green coalition, under Mayor Peter Tschentscher, has committed to investing €30 billion in Hamburg's infrastructure, focusing on transport, energy, and digital projects.
  • Key initiatives include the construction of a 100 MW green hydrogen electrolyser in Moorburg and achieving climate neutrality by 2045.
  • The administration plans to maintain its leadership in social housing with over 3,000 subsidized apartments annually, alongside new urban development projects like Oberbillwerder and Grasbrook.
  • A public referendum on hosting the Olympic Games in Hamburg has been announced, revisiting the city's previously rejected 2015 bid.
  • Opposition parties criticize the plan as lacking innovation, with the CDU labeling it a continuation of the status quo but offering conditional support for major infrastructure projects.