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Federal Ministry for Economic Affairs and Energy - Germany
Federal Ministry for Economic Affairs and Energy - Germany
Address: Scharnhorststr 34-37, 10115 Berlin, Germany
Region of Activities: Germany
Founded: 1917


The central task of the Ministry for Economic Affairs and Energy is to reinvigorate the social market economy, stay innovative in the long term and strengthen the social fabric in Germany. This leads to different objectives, which form a guideline for concrete political action: Investment: Fostering public and private-sector investment with the goal of reaching an investment rate that is above the OECD average. Innovation: Deploying an active industrial policy with the approach of focusing on the lead markets and lead technologies of the 21. century, to provide the scientific infrastructure needed to support these, and to improve the way in which innovation is brought to market. Infrastructure: Ensuring that Germany is fit for the future, and therefore actively promoting the key areas of digital infrastructure and transport infrastructure. This includes investing more in Germany's transport infrastructure and actively continuing the broadband expansion scheme. Internationalisation: Supporting German companies - particularly SMEs - as they do business with international growth markets and increasing Germany's attractiveness for foreign investment. Integration of labour and tapping all the skills reserves: The skilled labour available in Germany will be a key factor for investment in Germany, which means tapping domestic skills reserves: This includes reducing the number of school drop-outs and apprentices that do not finish their training. It also means giving people under 35 who have no vocational qualifications a second chance. In addition to this, immigration is and will remain vital for Germany to be able to meet its demand for skilled labour. Energy reforms: Promoting energy reforms, focusing in equal measure on climate and environmental sustainability, security of supply and affordability. Electricity costs are to remain affordable for commercial, industrial and private consumers. The Focus will be more on cost effectiveness and economic efficiency. Energy efficiency is a core part of energy reforms and must gain even more importance.


Energy/climate/buildings-related activities: Promoting energy reforms, including energy efficiency strategies for buildings.