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Uncertainty Surrounds Future of Germany's 'Climate Contract' Industry Decarbonisation Scheme
Nov 29, 2024•over 1 year ago
Contract Type
contract
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.
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months