SWI GVT Climate Protection Ordinance


On Jan. 24, SWI GVT consulted on Climate Protection Ordinance.


  • SWI GVT opened consultation regarding the draft Climate Protection Ordinance (OCI).
  • Main Points
  • The OCI implements the Law on Climate and Innovation (LCl), accepted by the Swiss people in a Jun. 2023 referendum, that fixes 2050 climate objectives into national law.
  • LCl set up an impulse program for building renovation to make them climate-friendly.
  • Replacement of heating operating on oil/gas and electric with systems powered by renewable energies will be supported by CHF 200 mn per year at most for 10 years.
  • The OCl defines the conditions for granting the incentive, focusing on areas where cantonal support is insufficient, and emphasis will be placed on residential buildings.
  • The replacement of inefficient electric heaters with modern heating systems is another important point of the project that will increase the security of electricity supply.
  • LCl stipulates that all companies must reduce their CO2 emissions to net-zero by 2050.
  • They can voluntarily set up roadmaps explaining their plans to achieve this objective.
  • The OCl sets the minimum requirements that those corporate roadmaps must meet.
  • Companies with such roadmaps can apply for financial support for the innovative and environmentally friendly technologies and processes they are planning to apply.
  • The OCl defines the terms and conditions linked to the request for financial assistance.
  • The LCl obliges SWI GVT to take protective measures against climate change effects.
  • The OCl plans to create the platform adaptation to climate change in Switzerland.
  • The platform/forum must regularly analyze the risks posed by climate change for Switzerland and make recommendations to further develop SWI GVT's strategy.
  • The adopted OCI will come into force at the same time as the LCl, on Jan. 1, 2025.
  • Documents available online re the consultation procedure 2024/8 is the draft OCI.
  • The explanatory report, cover letter, cover letter-2, recipient list, synopsis table.
  • Effectiveness
  • Comments can be submitted until May 1, 2024.
  • Nov. 2024 Act and Ordinance in Force
  • On Nov. 27, 2024, SWI GVT decided to bring the Climate protection ordinance (CPO (SWI)) into force on Jan. 1, 2025, with the Climate and innovation act (CIA (SWI)).
  • This act provides a legal basis for Switzerland's long-term climate objectives.
  • CPO specifies the incentive instruments provided for by CIA for the industrial sectors.
  • CIA enshrines Switzerland's climate objectives in national law, in particular the target of net zero emissions by 2050 and interim targets for 2031–2040 and 2041–2050.
  • Plays a vital role in shaping Swiss climate policy, lays foundation for future progress.
  • The Federal Council decided to set the entry into force of the CPO for Jan. 1, 2025, i.e. simultaneously with the CIA, at its meeting on Nov. 27, 2024.
  • Also issued explanatory report and a report on the results of the consultation process.

Regulators SWI GVT
Entity Types Corp
Reference Act, Ord, PR, 11/27/2024; CP 2024/8, PR, 1/24/2024; LCI; OCI; ESG; Citation: CPO (SWI); CIA (SWI);
Functions C-Suite; Environment; Financial; Operations; Product Administration; Product Design; Reporting; Risk; Treasury
Countries Switzerland
Category
State
Products Commodities; Corporate
Regions EMEA
Rule Type Final
Rule Date 1/24/2024
Effective Date 1/1/2025
Rule Id 199097
Linked to N/A
Reg. Last Update 11/27/2024
Report Section EU

Last substantive update on 12/02/2024