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Climate action FAQs: Climate Action Programme 2030
Germany has made both national and international commitments to cut its greenhouse gas emissions by more than half by 2030, compared with 1990 levels. To this end, the German government has launched a comprehensive climate package. What are its key elements? How does carbon pricing work? And how much will all of this cost? Here are the answers to these and other important questions.
Climate action German Sustainable Finance Strategy
The federal cabinet adopted the first German Sustainable Finance Strategy on 5 May 2021. The goal of the strategy is to mobilise investments that are urgently needed for climate action and sustainability while also addressing the climate risks that are increasingly relevant to the financial system.
europe German Recovery and Resilience Plan (GRRP)
The Covid-19 crisis constitutes one of the biggest challenges in the history of the European Union and the Federal Republic of Germany in terms of its impact on health, society and the economy. The European Union has taken robust action in response to the crisis during Germany’s EU Council Presidency. With the recovery instrument “Next Generation EU“, which amounts to €750 billion, and its …
Taxation Energy Duty Act (Energiesteuergesetz)
The Energy Duty Act (Energiesteuergesetz) sets out the legal provisions for the duty charged on various forms of energy in Germany. The Act implements the EU Council Directive on the taxation of energy products and electricity (Council Directive 2003/96/EC).
Taxation Electricity Duty Act (Stromsteuergesetz)
The Electricity Duty Act (Stromsteuergesetz) sets out the legal provisions on the duty charged on electricity in Germany. The Act was introduced as part of the Ecological Tax Reform, which was initiated in 1999.
Europe Tax Act relating to Brexit
The Act on Taxation-Related Provisions concerning the Withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union ( Brexit-Steuerbegleitgesetz , Tax Act relating to Brexit) contains provisions within the Federal Finance Ministry’s area of responsibility that are necessary in connection with the withdrawal of the United Kingdom of Great Britain and Northern …
Europe ESM Financing Act (ESM-Finanzierungsgesetz)
Act on Financial Participation in the European Stability Mechanism
Date of Signature: 13 September 2012
Europe Stabilisation Mechanism Act (Stabilisierungsmechanismusgesetz)
Act on the Assumption of Guarantees within the Framework of a European Stabilisation Mechanism (Stabilisation Mechanism Act – StabMechG)
Date of signature: 22 May 2010
Europe Sanctions Distribution Act (ESM-Finanzierungsgesetz)
Act Governing the Domestic Distribution of Sanctions Imposed to Ensure Budgetary Discipline in the European Union (Sanctions Distribution Act)
Date of signature: 5 September 2006