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Uncertainty Surrounds Future of Germany's 'Climate Contract' Industry Decarbonisation Scheme

Nov 29, 2024over 1 year ago

Contract Type

contract

GermanyAgriculture and Farming

Description

The future of Germany's pioneering 'climate contract' subsidy scheme to reduce industry emissions is uncertain due to the break-up of the coalition government and insecure funding. The programme aims to promote climate-friendly manufacturing procedures for various products and has received 2.8 billion euros in support guarantees during the first round of auctions in October 2024.

Company Information

Company

German government's Climate and Transformation Fund (CTF)

Location

Germany

About

The fund provides subsidies for the 'climate contract' subsidy scheme to reduce industry emissions in Germany.

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