Factsheet: Climate and energy fund act

Climate and energy fund act

Key Information
Description: 
The Climate Change and Energy Fund has since its inception delivered clearly visible impetuses for the Austrian Climate Policy and the restructuring of the Austrian Energy System. Among the best known original programmes of the Fund include, among others the Model Region Programme (Climate and Energy Model Regions, Electromobility Model Region), the Model Refurbishment Programme, the Smart Cities Initiative and the Austrian Climate Research Programme (ACRP). The Climate Change and Energy Fund therefore creates additional value to that of other existing funding instruments. These programmes address three features at the same time: (1) the transition to energy systems having increased energy productivity and a higher proportion of renewable energies. (2) the transformation of society and economy towards environmentally conscious behaviour and active climate protection at the level of communities, cities and regions. (3) the development of climate change adaptation and mitigation strategies.
Goal/Aim: 
investment support with focus on technological development related to climate and energy

Sector/Topic targeted:

Status: