Country:Germany
Year:2008
Policy status:Ended
Date Effective:2008
Date Ended:2009
Policy Type:Economic Instruments>Fiscal/financial incentives
Policy Target:Buildings
Description:The “Investment Pact 2008” of the federal government, states and municipalities for energy-efficient modernisation of the social infrastructure subsidised planning and construction projects for buildings in the social infrastructure in need of energy-related improvement. The allocation was made by way of a subsidy towards the investment costs. Energy savings in the redeveloped buildings are reported to a monitoring body at the BMVBS. Funding was allocated in particular to municipalities in a difficult budgetary situation which consequently had difficulty financing energy-saving measures. The latter received funding of up to 90 % (compared to 66 %) of the investment costs. The buildings had to be redeveloped at least to the level of a new building pursuant to EnEV DIN 18599. Verification of this was on the basis of an energy requirement certificate. The Investment Pact allowed the implementation of measures which would not otherwise have been possible due to existing financing constraints.

Last modified: Wed, 19 Sep 2012 20:54:49 CEST