The InnovationFund will finance innovative clean technologies to boost the green recovery and make Europe climate-neutral. To invest in green solutions for clean energy and industry, the first call for projects has been launched.
The present call targets projects on low-carbon technologies and processes in all sectors covered by Directive 2003/87/EC (the EU ETS Directive): Innovation in low-carbon technologies and processes in sectors listed in Annex I, including environmentally safe carbon capture and utilisation (‘CCU’) that contributes substantially to mitigating climate change,as well as products substituting carbon intensive ones produced in sectors listed in Annex I, environmentally safe capture and geological storage (‘CCS’) of CO2, and innovative renewable energy and energy storage technologies.
The first call for large-scale projects is open until 29 October 2020.
For more information see: https://ec.europa.eu/info/funding-tenders/opportunities/portal/screen/opportunities/topic-details/innovfund-lsc-2020-two-stage or visit: https://ec.europa.eu/clima/policies/innovation-fund_en#tab-0-1