Austria

Overview

Norbert Hofer

Federal Minister for Transport, Innovation and Technology

Role in MI

Progress towards doubling public investment

Based on the actual budget, which does not yet reflect the ambitions of the upcoming Austrian Climate and Energy Strategy to the full extent, the following baseline and doubling plans can be committed:

Country-determined baseline years: average of 2014-2016
Baseline funding amount: EUR 16 mill. on average per year
Doubling target year: 2020
Doubling target amount: EUR 32 mill. on average per year
Find out more about how Austria’s baseline and doubling are calculated

News and events

COP24: At the session Mission Innovation initiative: Made in Austria, Theresia Vogel, CEO Austrian Climate and Energy Fund, and Gudrun Maas, Head of IEA Energy End-Use Working Party, highlighted how, together with complementary projects, the three Flagship Regions will boost the energy supply for Austrian industries with renewables. Austria’s pavilion, organised by ADVANTAGE AUSTRIA, showcased companies and technologies for climate protection, energy and the environment.