Policy experimental scheme CO2 reduction in industry

Source: International Energy Agency
Last updated: 16 September 2020
A short experimental subsidy scheme for acceleration of pilot and demonstration projects for CO2 emission reduction in industry for investments that show a too high risk profile or pay back time for financing in the market processes. It aims at investments that cannot be covered by existing other instruments (e.g. projects that may be eligible under renewable energy schemes are not applicable) . It is an experimental policy instrument to gain experience with proper support options for these type of projects.