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10 October 201919.06 Green light from the CDM to climate change. Environment Minister Sergio Costa announced this on Twitter. "The climate decree has just been approved. It is an important result for the country. One of the first decrees of this government is on environmental protection and on combating climate change," he underlines. "I want to clarify that the reduction of environmentally harmful subsidies, initially foreseen in the climate decree, is contemplated in the budget law. Our idea is to make a constant cut between now and 2040, without penalizing anyone".