Canary Islands Increases Funding for La Palma Volcano Recovery Aid by 100 Million Euros
Canary Islands Government Approves Boost in Financial Aid for La Palma Recovery
Overview
The Canary Islands government has approved a significant boost to financial aid for residents and businesses impacted by the La Palma volcanic eruption. The new measure increases the total relief fund by 100 million euros, bringing the overall budget to 240 million euros.
This additional funding, authorized by a recent decree, aims to expedite recovery efforts and provide more comprehensive support to those affected.
Funding History and Current Measures
- Previously, aid programs allocated 140 million euros, funded jointly by the Spanish state and the regional government.
- An earlier order in February 2025 added 50 million euros to this fund, aligning allocations with the regional budget law.
- The latest decree allows further adjustments up to 100 million euros using surplus budget funds from 2024, bypassing some usual restrictions.
Impact and Significance
"This move underscores the urgent need to assist La Palma's recovery after the volcano's devastating eruptions in September 2021."
It also reflects the regional authorities’ flexibility in rapidly mobilizing resources to respond to ongoing emergency needs, ensuring residents and enterprises receive timely aid.
Official Announcement
The decree, signed by the regional presidency, officially increases the aid budget and publicizes the new funding in the Official Gazette of the Canary Islands, demonstrating a committed, adaptive approach to crisis management.