The EU Member States must mobilise significant capital to achieve EU energy and climate targets for 2030. Many States have limited experience in mobilising private capital and must now build the knowledge and capacity to do so.
The project ‘Climate investment capacity (CIC2030): climate finance dynamics & structure for financing the 2030 targets’ aims to address this challenge by supporting the development of prototypes to (a) track current climate and energy investment volumes and patterns in a given country; (b) analyse existing investment needs and gaps against energy and climate targets; and (c) develop plans to raise capital and close current funding gaps.
This report Climate and energy investment map in Germany: Status report 2016 addresses point (a) and the development of a climate and energy investment map (CEIM) for Germany as a frontrunner in the European energy transition. In parallel, the project focusses on point (b) and the preparation of a prototype for a German investment need and gap assessment (INGA). It will then transfer and adapt this knowledge to national circumstances in selected Member States, namely Czechia and Latvia. Using a learning-by-doing approach, the latter countries will prepare similar prototypes as well as additional plans to raise capital and close existing investment gaps.
This report aims to contribute to the discussion of EU Member States’ upcoming National Energy and Climate Plans (NECPs), in which Member States are required to present information on existing investment flows to decarbonisation efforts. The report assesses existing data sources and climate-finance tracking systems to estimate climate and energy investment in Germany in 2016.
It presents a map illustrating the volume of climate and energy investment flows – from the financing sources, through the intermediaries and financial instruments, to the recipient sectors (i.e. agriculture, buildings, energy, industry, and transport sectors). The map provides insight into who invests how much into what kind of measures. It is intended to serve as an example for Latvia and Czechia as they seek to replicate this exercise.
The report also points to the status of available information and discusses the various methodological and data challenges encountered in the analysis.