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The Council of Ministers has estimated the cost of the celebration in Madrid of the XXV Conference of the Parties to the UN Framework Convention on Climate Change between 2 and 15 December in about 50 million euros, of which 48 they destined to pay the rent of the facilities of Ifema .
During the press conference after the Council of Ministers, the acting Minister of the Government, Isabel Celaá, stressed that this has been "the second lowest cost COP" of the last 9 years, since the Warsaw Summit in 2013 and "one of the most active in recent years".
Celaá recalled that Spain assumed to be "host" and organize in just five weeks the Summit since it could not be held in Santiago de Chile because of the situation of "urgency" in the South American country.
Thus, he said that in addition to the 50 million euros to which we must add another 3 million more than the UN headquarters agreement. The acting minister points out that the main beneficiaries of the economic return of the COP will be the Community of Madrid and the city of Madrid.
20%, covered by sponsors
Of the total cost, he indicated that the sponsoring entities have covered around 20% of the expected cost and that at this time the Government has also prepared a budget so that European funds can co-finance this Climate Summit.
Celaá has added some detail regarding the expenses and has indicated that of the total budget, 48 million correspond to the contract with the Madrid Fair Institution (IFEMA) for the rental of the space for the celebration of COP25.
As for the contract with Radio Televisión Española to offer the pool signal, he has said that it amounts to 850,421 euros while the cost of local transportation of the delegations, including free public transport has been 465,000 euros. Likewise, protocol assistance for heads of State and Government and members of the United Nations amounts to 37,783 euros; The dissemination of the Summit has cost about 26,000 euros and translation services are close to 22,000 euros.
Finally, it has concluded that the Government is "satisfied" with both the organization and "with the result" of this Summit.
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