Launches a green investment programme
30 Jan 2024
On 30 January 2024, the Government of Denmark launched a new targeted green investment programme with a DKK 1 billion budget (approximately $145 millions) for 2024. This initiative aims to bolster investment in green technologies by providing financial support or favorable loans and guarantees to businesses interested in starting or expanding their production capacities in wind and electrolysis technologies, including subcontractors. It also extends to the associated production and extraction of critical raw materials. However, the scheme is designed to support only the production facilities.
The level of support offered will vary based on the individual needs of companies, with direct grants covering up to 15 per cent of investment costs, while favourable loans or guarantees can cover up to 20 per cent of the costs. This scheme is a key component of Denmark's green industrial strategy, emphasizing the Government's commitment to fostering green production jobs throughout the country. The scheme is managed by the Danish Export and Investment Fund (EIFO), and opened for applications on 30 January 2024.
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Type:
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Promotion and facilitation (Investment incentives)
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Industry:
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Not industry specific (SDG)
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Primary (Mining and quarrying)
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Manufacturing (Other manufacturing)
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Services (Electricity, gas, steam and air conditioning supply)
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Sources:
