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Global Trade Alert

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Germany: Introduction of EUR 2.2 billion state aid scheme to support the decarbonisation of industrial processes

Description

On 10 April 2024, the European Commission approved a EUR 2.2 billion (USD 2.37 billion) financial grant scheme from Germany. The scheme supports industrial companies' investments in the decarbonisatio...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

10 Apr 2024

Revocation date

31 Dec 2025

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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