Energy Efficiency
Five Billion Euro Extra for Climate-Friendly Buildings in Germany
Jul 20, 2021
Germany now plans to be climate-neutral by 2045. The Federal Government has cemented this new goal by amending the Climate Change Act. The law now requires greenhouse gas emissions in the building sector to decrease by two thirds by 2030 compared to 1990 levels.
Of course, new targets demand new measures. The federal government has therefore announced its “2022 Immediate Action Program”, which aims to ensure the interim 2030 targets are met.
The program will deliver an additional eight billion euro for the shift to a coal-free industry, green hydrogen, green steel and climate-friendly mobility, as well as for energy-efficient building renovation, which is scheduled to receive the lion’s share of the funding.
Four-and-a-half billion euro is earmarked for energy-efficient building renovation subsidies over the next two years. Another one billion euro is designated for climate-friendly social housing to be built by 2025, to ensure that climate-friendly living remains affordable.
From 2023, no more government funding will be granted for heating systems based solely on fossil fuels.
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