The Landscape of Climate Finance in Germany

The report details climate finance in Germany across five key sectors. In 2010, the energy sector saw EUR 10.3 billion in climate-specific investment, dominated by private funding (98%) and renewable energy. The buildings sector received at least EUR 16.3 billion, primarily from households. The agriculture sector saw EUR 5.4 billion, almost entirely in renewables. Industry climate-specific investment was EUR 579 million in 2009, mostly for energy efficiency. Transport climate-specific investment averaged EUR 559 million, focused on energy-efficient vehicles. The report highlights the critical role of the public bank KfW in providing concessionary loans and the influence of the Feed-in Tariff on private investment.

• In 2010, total capital investment into climate-specific measures in the German energy generation and infrastructure sector was EUR 10.3 billion, with 98% originating from private sources.
• Renewable energy dominated energy sector investments, totaling EUR 6.7 billion for generation and EUR 3.1 billion for related infrastructure. Across the entire economy, renewable energy generation investment reached EUR 26.6 billion, including EUR 14.5 billion from buildings, industry, and commercial sectors, and EUR 5.4 billion from agriculture.
• In 2010, renewable energy sources accounted for 75-80% of total new installed generating capacity in Germany, with solar photovoltaic technology representing 77% of the total EUR 26.6 billion invested in renewables.
• The Feed-in Tariff (FIT) acted as a primary driver for private sector investment in renewables, amounting to EUR 13.1 billion in 2010, though it is classified as a risk management instrument rather than a direct investment flow.
• Climate-specific investment in the German industry sector was EUR 579 million in 2009, with 59% allocated to energy efficiency, 22% to renewable energy, and 19% to non-energy related GHG emission reduction.
• Climate-specific investment in the buildings sector was at least EUR 16.3 billion in 2010, consisting of EUR 15.6 billion from private sources (primarily households at EUR 13.8 billion) and EUR 0.7 billion from public sources.
• In the buildings sector, EUR 10.5 billion was invested in building-integrated renewable energy and EUR 5.8 billion in energy efficiency (incremental costs).
• KfW is a central financing entity for the buildings sector, providing at least EUR 9.0 billion in concessionary loans and EUR 0.4 billion in grants and repayment bonuses in 2010.
• Climate-specific investment in the transport sector averaged EUR 559 million in 2010 (range of EUR 268-851 million), with corporations contributing at least EUR 302 million and households at least EUR 172 million.
• Transport sector investments focused on energy efficiency, specifically the purchase of energy-efficient cars, while no renewable energy investments could be quantified.
• Climate-related investments in transport (total capital costs) amounted to EUR 3.1 billion, with 71% directed toward rail infrastructure.
• Total climate-specific investments in the agriculture sector were approximately EUR 5.4 billion in 2010, with EUR 5.3 billion from private investors and less than EUR 0.035 billion from public sources.
• Renewable energy accounted for the vast majority of agricultural climate-specific investment (EUR 5.4 billion), supported significantly by EUR 2.3 billion in concessionary loans from the Agricultural Rentenbank.

APA

Juergens, I., Amecke, H., Boyd, R., Buchner, B., Novikova, A., Rosenberg, A., Stelmakh, K., & Vasa, A. (2013). The Landscape of Climate Finance in Germany. Climate Policy Initiative. https://www.climatepolicyinitiative.org/wp-content/uploads/2012/11/The-Landscape-of-Climate-Finance-in-Germany-Annexes.pdf

Chicago

Juergens, Ingmar, Hermann Amecke, Rodney Boyd, Barbara Buchner, Aleksandra Novikova, Anja Rosenberg, Kateryna Stelmakh, and Alexander Vasa. The Landscape of Climate Finance in Germany. Climate Policy Initiative, 2013. https://www.climatepolicyinitiative.org/wp-content/uploads/2012/11/The-Landscape-of-Climate-Finance-in-Germany-Annexes.pdf.

Wikipedia

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BibTeX

@techreport{juergens2013landscape, author = {Juergens, Ingmar and Amecke, Hermann and Boyd, Rodney and Buchner, Barbara and Novikova, Aleksandra and Rosenberg, Anja and Stelmakh, Kateryna and Vasa, Alexander}, title = {{The Landscape of Climate Finance in Germany}}, institution = {Climate Policy Initiative}, year = {2013}, month = feb, url = {https://www.climatepolicyinitiative.org/wp-content/uploads/2012/11/The-Landscape-of-Climate-Finance-in-Germany-Annexes.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }