Global Trade Alert
Global Trade Alert

Germany: EUR 4 billion Climate Protection Contracts scheme for transformation of energy-intensive industry

Announcement

16 Feb 2024

In February 2024, the European Commission approved a EUR 4 billion German financial grant scheme to support German energy-intensive companies to decarbonise their industrial production processes.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

16 Feb 2024

Revocation date:

No revocation date

Financial grant

On 16 February 2024, the European Commission approved a EUR 4 billion (USD 4.3 billion) financial grant scheme from Germany. The scheme supports German companies subject to the EU Emission Trading Sys...

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