INTIEAGermany · Sustainable Transport - Deutsche Bahn rail network electrification, expansion, modernisationPolicyIn force

Sustainable Transport - Deutsche Bahn rail network electrification, expansion, modernisation

In the context of the Economic Stimulus Package of June 2020, the German government provided EUR 5 billion in additional equity to the state-owned German railway company Deutsche Bahn in order to invest in the modernisation, expansion and electrification of the rail network.…

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Country / jurisdiction: Germany · Year: 2020 · Status: In force · Level: National · Type: Voluntary

In the context of the Economic Stimulus Package of June 2020, the German government provided EUR 5 billion in additional equity to the state-owned German railway company Deutsche Bahn in order to invest in the modernisation, expansion and electrification of the rail network.

The investment comes in addition to an annual 1 billion Euro till 2030 that was agreed in the climate action plan. This will also benefit rail freight.

The additional investment aims to compensate for the loss of revenue generated from the pandemic crisis.

Official source: https://www.bundesfinanzministerium.de/Content/EN/Standardartikel/Topics/Public-Finances/Articles/2020-06-04-fiscal-package.html

Source

https://www.iea.org/policies/11738

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