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Swiss to vote on creating giant 'climate fund'
Polls show 52% to 62% of Swiss voters oppose the fund, citing high costs and financial burden despite current 2 billion CHF climate spending, officials said.
The Swiss are expected to reject an initiative to create a multi-billion-dollar climate fund due to its high cost, with polls showing a majority opposition.
The climate fund initiative, aimed at combating global warming, calls for Switzerland to spend 0.5-1.0% of its annual GDP on fighting climate change.
While advocates argue the fund would accelerate the transition to renewable energy and create jobs, the Swiss government has urged voters to reject the 'too expensive' proposal.