Google Translate

A new world-wide climate protection programme is to be introduced next year by the Bonn Ministry for Economic Co-operation and Development. The main focus of the programme will be promotion of cleaner energy, including the use of wind, rationalisation of energy actions and modernisation of existing power stations. A budget of DEM 1 billion will be available. DEM 750 million is earmarked for loans while the remaining DEM 250 million will be spent on technical co-operation to promote efficient energy use and renewable energies. The ministry expects to make decisions over projects requesting a total DEM 500 million in 1997, although the money will actually be spent over several subsequent years. The DEM 1 billion has been allocated from money earmarked for international aid organisations but not spent, says Carl-Dieter Spranger, explaining why such a large sum is available in a country regarded as economically hard pressed. The money will be devoted to specific projects in selected countries. Spranger also stresses that for a given sum, much more can be achieved to protect the climate in partner countries in the developing world than in industrialised countries. He also points out that creating a market in these countries will in the long run benefit Germany. "As a leading nation in the manufacture of environmental technology," it can expect to see much of the DEM 1 billion in German hands again.

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Sign up now
Already registered?
Sign in

Windpower Monthly Events

Latest Jobs