The Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) focuses on energy-intensive industries through this program, which is supported by the Federal Ministry of Economics and Climate Protection (BMWK), and aims to reduce process-related greenhouse gas emissions that are difficult or impossible to avoid using the current state of the art, as much as possible and permanently. The financed projects significantly advance the goal of greenhouse gas neutrality while also providing a clear vision for the complete replacement of fossil fuels and raw materials in the medium to long term. The sponsored projects should serve as models for other businesses due to their high levels of innovation and demonstration. Through the regulation, energy-intensive businesses are expected to reduce their yearly greenhouse gas emissions by 2.5 million tonnes of CO2 equivalents by 2030.
The Federal Government will broaden the carbon contracts for difference pilot program as part of the decarbonization of industrial initiative. The increased operational costs of low- and zero-emission processes are lessened via carbon contracts. As part of the effort, the Chemistry4Climate platform will also be established.