Cleantech incubation ecosystem
Topic of the practice
national cleantech support
Good Practice Information
Germany has a strong national cleantech policy framework and a solid infrastructure for renewables. In 2012, the cleantech industry was set to more than double in volume, reaching 4.4 trillion Euros by 2025, creating jobs and maintaining its global market share. The volume of German companies in areas such as resource efficiency, sustainable transport and recycling is expected to rise 125%
to 674 billion Euros.
They will keep a market share of about 15% while creating an expected 1 million jobs. Germany plans to increase its reliance on renewable sources of power such as solar and wind as it phases out nuclear generation. Munich is one of Germany’s strongest economic regions, and also one of the leading regions on an international level too.
Evidence of success
The state of Bavaria creates about 18% of Germany’s GDP. Its economic growth is slightly above the national average (2.9% 2012). Also the unemployment rate is lower than in rest of the country. It is the economical centre of southern Germany and home to many big international companies, such as BMW, that recently launched its first full electric car.
Contact details to obtain further information on the practice
Gesellschaft für Innovation und Wissenstransfer mbH
Annex completed on: 11-29-2014