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Environmental Technology Development and Demonstration Programme (MUDP)
Promote the development and application of new sustainable and environmental solutions that can solve a large number of prioritised environmental challenges in Denmark
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Nordic Investment Bank loans for energy transition projects
In 2023, the Nordic Investment Bank (a regional public development bank funded by Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden) approved a strategy to allocate the equivalent of USD 325 million to energy transition projects, backed by the European Union. In 2024, it signed a 7-year loan of around USD 50 million for hydrogen-powered and electric boats; and 12-year loans of around and USD 60 million for hydrogen-based steel production (alongside investment by the EIB).
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Recovery and Resilience Plan
As part of EU's Recovery and Resilience Facility, the Denmark government submitted its national recovery and resilience plan to the European Commission. The plan is composed of seven initiatives consistent with the principles of the European Green Deal and the country's climate targets. Five of the initiatives are directly related to energy and climate issues: - Energy efficiency, green heating and CCS (DKK 2 bn) - Green tax reform (DKK 3.9 bn) - Sustainable road transport (DKK 1.6 bn) - Green research and development (DKK 1.8 bn) The budget envisaged for the plan is DKK 11.6 billion (around…
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Green fund to investment in clean technologies
In 2022, the government launched a green fund to accelerate Denmark's green transition and in the phasing out of fossil fuels. Overall, DKK 53.5 billion is set aside for investments, with DKK 1.5 billion pledged for 2024 and DKK 3.5 billion annually from 2024-2040.To be eligible, projects need to be related to energy and supply, food and agriculture, buildings and infrastructure, materials and resources or transport and mobility.
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Danish NECCS Fund
On 4 December 2021, the Government signed an agreement on Investments in a continually greener Denmark under the Finance Act for 2022. The agreement introduced a new subsidy fund (the NECCS Fund) of DKK 2.5 billion, aiming to achieve negative emissions of an additional 0.5 million tonnes per year from 2025 onwards through CO2 capture. The fund will support the achievement of negative emissions from CO2 capture of biogenic sources and subsequent geological storage. Biogenic sources refer to CO2 capture from biogas upgrading, biomass-based power and heat production, the biogenic share of CO2 captured in waste incineration…
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Energy efficiency in state owned institutions
The implementation of EED art. 5 (which is implemented by the alternative approach in Denmark) extend to more than the central governments building mass. The circular outlines obligations to undertake energy-saving measures in all state owned or occupied building/institutions and are divided in two targets.
1. A target to reduce the energy consumption with at least 42.480 MWh in all buildings owned and occupied by the central government (EED art. 5) by 2030 compared with consumption in 2020.
2. A target to reduce the energy consumption with at 10% in all buildings owned or occupied (private owned… -
Recovery and resilience plan - Green research and development
The Investing in Green Research and Development measure as part of the Recovery and Resilience plan in Denmark contains funding for investments in green research and innovation. The investments focus on incentives to boost R&D in companies and for carbon capture, green fuels, climate friendly food production, and reuse and reduction of plastic waste. The initiatives are planned to cost DKK 700 million for research in green solutions, and DKK 1.1 billion in incentives to boost R&D in companies. Ultimately, the Danish economy aims to reduce its overall GHG emissions by 70% by 2030.
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2013-EU-92043-S
This project aims to create an open access fast charging corridor along major highways connecting Sweden, Denmark, Germany and The Netherlands to allow green travel between these countries. maximum distance of 80
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World Energy Investment 2025 Africa
Africa is faced with new challenges and opportunities as the composition and source of investment flows in the continent shift Africa is characterised by strong regional imbalances. South Africa and North Africa account for less than 20% of the population but more than 45% of energy investment and over 65% of installed electrical capacity. By contrast, Sub-Saharan Africa, home to most of the region’s population, receives less energy investment and has limited access to reliable electricity. New connection rates have steadily increased since 2000 but remain well below the universal access target set for 2030, with 600 million…
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Sustainable Transport for Georgia: A Roadmap Transport in Georgia: Taking stock
Status and key developments Transportation is a key contributor to Georgia’s economic growth. Economic activity associated with transport and warehousing in the country has grown rapidly, outpacing gross domestic product (GDP). Between 2010 and 2022, transport’s contribution to GDP nearly tripled, increasing from 1.4 billion GEL (520 million USD) to 4.1 billion GEL (1.52 billion USD). In 2023, transport and storage combined contributed 6.5% to Georgia’s GDP.Transport and storage employed around 8% of Georgia’s workforce in 2023. Cargo movements spurred by Russia’s 2022 full-scale invasion of Ukraine pushed up…
