“Corporate environment investments reach record high in 2014”

German manufacturing companies have invested a record 7.9 billion euros in 2014 in environment and climate protection measures to reduce, avoid or clean up emissions and save resources, Germany’s statistics agency Destatis writes in a press release on the latest figures it made available. The investments were up by 5.7 percent compared to 2013 and accounted for 10.3 percent of all corporate investments in 2014, according to Destatis. The largest share (42.7 percent) of investments was made in water protection, while investments in climate protection came in second with 36 percent. Around 1.9 billion euros of investments were made by energy providers, Destatis added.

Read the press release in German here and a short version in English here.

For more information on The energy transition's effect on jobs and business, see this CLEW dossier.

For background on the environmental rationale of the Energiewende, read the CLEW dossier The energy transition and climate change.