EU supports climate protection in Germany with billions of funds!

EU supports climate protection in Germany with billions of funds!

The European Commission has published the new edition of the state grant, which offers a comprehensive overview of the state aid measures in the EU in 2023. According to EU representation in Germany . With this measure, Germany wants to achieve its energy and climate goals and at the same time initiate ambitious projects to reduce greenhouse gas emissions.

The funded projects will cover a wide range, including the changeover of fuels in the cement and calculation industry as well as the electrification and hydrogen-based production in the processing industry. Aid recipients must demonstrate a reduction in greenhouse gas emissions by 60% within three years and 90% by the end of the funded project. The projects are selected via a competitive tender that is based on the lowest requested aid amount per ton of avoided CO2 emissions.

compatibility with the EU regulations

according to the 2022-guideline. EU regulations compatible because they promote economic activity and create incentives for environmentally friendly practices. The European Commission tested the regulation and confirmed its need to promote decarbonization, while the measure only has limited effects on competition and trade within the EU

The new guidelines replace older regulations and are closely adapted to the goals of the European Green Deal that aim at a sustainable and climate -friendly economy. Member States are obliged to adapt existing regulations by December 31, 2023 to meet the current requirements.