The Swiss are expected to snub a call to create a multi-billion-dollar climate fund, aimed at combating global warming and addressing its consequences, with polls indicating voters deem the ambitious project too costly.Â
The climate fund initiative, launched by the Social Democratic Party and the Greens, calls for the country to spend 0.5-1.0 percent of Switzerland's annual GDP -- around 4-8 billion Swiss francs ($5-10 billion) -- on fighting climate change.
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