Ecolex Logo
The gateway to
environmental law
Search results » Legislation

Coal Regions Investment Act (InvKG).

Country/Territory
Germany
Document type
Legislation
Date
2020
Source
FAO, FAOLEX
Subject
Energy, Mineral resources
Keyword
Coal Enforcement/compliance Energy conservation/energy production Environmental planning Institution Mining Sub-national agreement Policy/planning Business/industry/corporations Ecofriendly products/ecofriendly processes Protection of environment Special fund
Geographical area
Alps, Europe, Europe and Central Asia, European Union Countries, North Sea, North-East Atlantic, Western Europe
Entry into force notes
This Act come into force on August 14, 2020.
Abstract

This Act sets goals to compensate different economic power and promote economic growth in the lignite mining areas. For this purpose, the federal government grants the states of Brandenburg and North Rhine-Westphalia financial aid for particularly important investments by the federal states and their municipalities and associations of municipalities to manage structural change and secure employment as part of the phase-out of lignite mining and the generation of electricity from lignite. The funding is maintained with the purpose of sustainable development in a comprehensive economic, ecological and social understanding. This Act consists of 5 Chapters, 27 Articles and 5 Annexes. Chapters are as follow: Financial aid to compensate for different economic power and to promote economic growth in the lignite mining areas (1); Structural aid for structurally weak locations of hard coal power plants and the former lignite mining area Helmstedt (2); Further federal measures (3); Additional investments in the federal trunk roads and federal railways  (4); and Common Rules and Principles (5).

Full text
German
Website
www.gesetze-im-internet.de