Sector kick-off Chemical industry in cooperation with Covestro

The chemical sector is one of Germany's core industries. Base chemicals is at the beginning of a large part of the industrial value chain and the German economy. Its decarbonization is, hence, fundamentally important for future competitiveness and economic prosperity. To successfully transform the chemicals industry private capital needs to be mobilised, which in turn requires strategically developed public de-risking instruments, incentive structures and establishing vital infrastructures.

Made in Germany 2030’ mission is to develop a cross-party financing strategy to increasing competitiveness and achieving decarbonisation. On 15 January 2025, we discussed views as to the current state of relevance and implementation of transition plans with experts from the chemical industry, the financial sector and academia. We looked into existing regulatory approaches and identified opportunities to reducing bureaucracy and homogenization.