28 million for climate investment
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28 million for climate investment

  • 09 July 2019

The emission of greenhouse gases in the Netherlands must be reduced in the short term. That is why the subsidy Accelerated climate investments in industry will open on 1 August. The scheme stimulates large-scale projects. For example, on energy efficiency. The Ministry of Economic Affairs and Climate has made € 28 million available for climate investments. 

Urgenda measures

The scheme is part of a new package of measures. By doing so, the government is complying with the judgment of the judge in the Urgenda case. The ruling obliges the Netherlands to achieve a greenhouse gas reduction of 25% compared to 1990 by 2020. This measure contributes to this.

Accelerated investments

Accelerated investment by industry is needed to achieve the 2020 targets. Regularly, investments in CO2-reducing measures are not yet commercially profitable. The subsidy contributes to giving these investments an interesting payback period.

Entrepreneurs in the industry can apply for a subsidy. They use the investment aid to achieve environmental benefits with their own activities. They therefore own the process in which they invest.

Proven techniques

The subsidy relates, for example, to systems that help achieve energy efficiency. Such as electrification of heat generation, electric furnaces or efficient drying and separation techniques. The subsidy also includes measures for recycling or reusing waste. The projects must have already passed the demonstration phase.

The systems must already have proven themselves: their operation has been demonstrated in the Netherlands at least three times before.

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Source: © RVO