Portugal Unveils $26.5 Billion Resilience Plan Following Severe Storms
Portugal has announced a $26.5 billion investment plan aimed at enhancing the country's resilience against climate change and other risks. This initiative, named Portugal Transformation, Recovery and Resilience, comes in response to severe storms that caused significant damage earlier this year and a major power outage that affected both Spain and Portugal. The plan focuses on strengthening infrastructure, institutions, and businesses to better withstand threats such as climate change, energy security issues, seismic activity, and cyberattacks. The funding will be sourced from the state budget, private financing, and European funds. 
