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Latest news: Germany’s construction industry

Construction site in Duesseldorf, Germany | © Getty Images/Westend61 Here you can find recent news stories related to Germany’s construction industry. Be sure to subscribe for monthly updates on energy efficiency in Germany using the link on the right.

April 17: Growing demand for energy-efficient construction funding

April 2017

Germany’s KfW development bank supports energy-efficient construction and renovation in residential buildings with a range of funding programs. In the last ten years, the programs have disbursed almost EUR 100 billion in loans and grants for more than four million housing units, leveraging investments of more than EUR 260 billion and securing an average of 320,000 jobs annually, the bank reports.

2016 saw more records broken, with every second newly constructed housing unit in Germany receiving KfW funding and 290,000 units undergoing energy-efficient renovation. Total funding granted rose 46 percent on the previous year to EUR 15.5 billion.

The Federal Ministry for Economic Affairs and Energy (BMWi) currently funds the programs with over EUR 2 billion annually.

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Anne Bräutigam

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