Objective of the programme is to significantly improve environmental situation in Germany and in adjacent regions as well as env. performance of German firms abroad.
A wide range of improvement measures are eligible, i.e., reduction or avoidance of wastewater, solid waste, air emissions, energy savings or performance of an env. audit.
KfW receives applications for final approval in accordance with given criteria and finances lending of the home bank. 75% of investment cost will be covered. The maximum amount is limited to 10 million Euro.
Advantages include preferential interest rates (slightly below market rates), repayment periods of up to 20 years, financial security as interest rates are fixed for up to 10 years and flexibility to granting of grace period.