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The Climate and Energy Fund supports energy-related research projects, environmentally compatible transport projects and measures to bring climate-friendly energy technologies to market.
The Climate and Energy Fund was established on the basis of the Act on the Climate and Energy Fund (Klima- und Energiefondsgesetz) in July 2007. It supports the Federal Government in its efforts to implement sustainable energy supply, reduce greenhouse gas emissions and implement the climate strategy, and has evolved into a major driving force behind Austria's climate policy.
A promotion volume of up to EUR 150 million is available to the Climate Fund for climate protection projects and for sustainable energy supply each year. With this money, the Climate Fund boosts innovative projects and awards contracts, all of which make a significant contribution towards an eco-friendly and energy-saving future. Two key criteria in this context are efficiency and sustainability.
Goal: Transformation of the energy system
By establishing the Climate Fund, the Austrian Federal Government created a strategically important tool designed to drive the transition from a central, fossil energy supply system towards a smart regional energy mix. The Climate Fund programmes aim at addressing the entire innovation chain from research to market launch.
Programme target areas
The tasks of the Climate Fund are incorporated into law. All of the Climate Fund's promotion measures and activities focus on three target areas defined in the Climate and Energy Fund Act.
Research
Transport
Market penetration