The government has announced a reduced allocation of only NIS 10 million for renewable energy projects in the Negev from the Citizens’ Wealth Fund – out of NIS 190 million anticipated for 2025.
Adam Teva V’Din attorney Meirav Abadi, who led our High Court of Justice petition on the Israel Citizens’ Wealth Fund, reminds us that, “The fund was envisioned as a mechanism to ensure that the profits from natural gas extraction benefit its citizens. Reducing the allocation for renewable energy development and job creation in underserved regions like the Negev undermines the law’s goals.”
Executive Director Amit Bracha adds, “Without meaningful investments in renewable energy and sustainable employment, Israel risks squandering its natural resource wealth. Adam Teva V’Din calls on the government to meet its legal and moral obligations to future-proof Israel’s economy and environment ¬– especially with the urgent need for post-war renewal and rebuilding in southern Israel.”
