As a key instrument of Austria’s Integrated National Energy and Climate Plan (NEKP), the Climate and Energy Fund contributes to achieving the country’s climate policy objectives and supports the development of a sustainable energy system. Through funding programmes for research, development and market deployment, it enables innovative and broad-based solutions that help mitigate Climate change and preserve the natural environment.
The Fund is financed by the Federal Ministry of Innovation, Mobility and Infrastructure (BMIMI), Federal Ministry of Agriculture and Forestry, Climate and Environmental Protection, Regions and Water Management (BMLUK), Federal Ministry of Economy, Energy and Tourism (BMWET) and supports projects that drive the transformation of Austria’s energy and mobility systems towards a fossil-free future. The Climate and Energy Fund Act defines three strategic areas: achieving a sustainable energy supply through greater energy efficiency and increased use of renewable energy sources, reducing greenhouse gas emissions, and supporting climate neutrality.
