Investment required of 5 trillion euros for climate neutrality

Released on 07.10. 2021

  • Wind turbines rotate before sunrise in a wind farm near Kladrum. Photo: Jens Büttner

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Germany wants to be climate neutral by the year 2045 will. The climate target not only requires restructuring in all economic sectors, but also an enormous investment boost.

Frankfurt / Main (dpa) – According to a study, a total of around 5 trillion euros of investments are required for Germany to achieve 2045 Becomes climate neutral.

«That is a huge sum, but it is feasible. In order for the challenge to succeed, public investment funds must be used in a targeted manner and private investments must be mobilized, ”said KfW chief economist Fritzi Köhler-Geib The study carried out by the development bank, however, was significantly lower to a total of 1.9 trillion euros. To this end, investments that are already required would have to be increasingly directed towards alternatives that make a contribution to climate neutrality.

The climate target requires extensive transformation in all economic sectors, from transport to industry to private households, according to the study carried out by the Prognos Institute, Nextra Consulting and the Institute for Sustainable Capital Investments (NKI).

The transport sector in particular requires high investments

The analysis sees the largest part of the investments in the area of ​​transport with 2.1 trillion euros. For the most part, however, it is a matter of realigning the already pending reinvestments in this area. The actual additional investments are therefore significantly lower at 113 billion euros.

The second highest investments are therefore required in the energy sector with 840 billion euros. Private households account for around 620 billion euros. According to the calculations, around 237 billion euros are more investments, especially for a climate-friendly housing stock.

The industrial sector is facing 462 billions of euros. Of this, 462 billion euros are actual additional investments. Production technologies could often only be converted in a climate-friendly way with great effort, it was said to justify. billion euros in relatively low climate protection investments, about 113 Billions of euros are additional investments.

From KfW’s point of view, climate protection investments also offer the opportunity to improve Germany’s competitiveness, for example by developing new technologies will. This could strengthen Germany’s export-oriented business location in the long term.

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