Environmental funding: 1 billion euros for climate protection and jobs in Austria!

Environmental funding: 1 billion euros for climate protection and jobs in Austria!

Austria's environmental promotion shows impressive progress: Around 30,000 projects with a total volume of around one billion euros have been supported since 2020. These investments not only saved more than 4.5 million tons of CO2 emissions per year, but also created or secured 26,600 jobs. Climate Protection Minister Leonore Gewessler emphasizes that the savings achieved correspond to the emission of around 4,000 flights around the equator. According to Gewessler, environmental funding is a central instrument to achieve Austria's climate goals and to secure competitiveness, since every euro invested is repaid several times.

In 2023, the environmental promotion commission recommended over 657 million euros in funding for more than 25,000 projects. A significant part of these funds, around 173 million euros, went to more than 4,400 projects in Germany. The support for the renovation offensive in 2023 added up to almost 188 million euros and included almost 20,000 funded projects. In addition, the circular economy has played an important role in grants with over 106 million euros. As

focus on renewable energies

From January 1, 2024, the grants for the heating exchange will be radically increased. This affects both single-family and row houses, with grants of up to 75 percent. The differentiation of the subsidy flat rates takes into account the varied investment costs depending on the type of heating, which makes switching to modern, green heating solutions attractive. Today. These measures are part of the comprehensive efforts to not only achieve the climate goals, but also to strengthen the economic basis of Austria sustainably.