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Environmental Support Act (Umweltförderungsgesetz)

1993LegislativeMitigationMore details
Sectors: Energy

The Act created the Domestic Environmental Support Scheme, whose main objective is to provide subsidies for companies to implement energy efficiency measures and environmental protection measures. An amendment created the framework for Austria's Joint Implementation/Clean Development Mechanism/Green Investment Programmes, to help Austria to comply with its commitments under the Kyoto Protocol. The total budget available for purchase of emissions reductions amounts to €611 million (USD 767 million).

Examples:
Resilient infrastructure, Fossil fuel divestment, Net zero growth plan, Sustainable fishing

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