Climate action program is gold mine for Germany

The German climate action plan will create 430,000 jobs and generate major savings of EUR 274 billion in 2020, concludes PwC in an analysis.

by MAZ PLECHINGER

Germany's climate plan is excellent for business, concludes PricewaterhouseCoopers (PwC), after conducting an analysis of the financial consequences of the German Climate Action program, which was implemented in 2014. Ahead of 2020, the action plan's 107 initiatives will create almost 430,000 new jobs in Germany and increase the German GDP growth by 1 percent, or more than EUR 30 billion.

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