The European Commission announced on 6 November a total funding of 2.9 billion for 61 cutting-edge projects, six of them Spanish, in net zero emission technologies under the Innovation Fund. The Innovation Fund is one of the world’s largest funding programmes for the deployment of innovative zero net emission and low-carbon technologies. It is financed […]
Commission invests EUR 2.9 billion from the Innovation Fund to boost net zero emission technology projects
The European Commission today announced a total of €2.9 billion in funding for 61 cutting-edge zero net emissions technology projects. The funding comes from the Innovation Fund, which uses revenues from the EU Emissions Trading Scheme (EU ETS). These grants follow a first call for net zero emission technologies (call IF24), launched in December 2024, […]
European Commission and EIB strengthen support for Innovation Fund decarbonisation initiatives
The European Commission and the European Investment Bank (EIB) have signed an agreement renewing Project Development Assistance (PDA) under the Innovation Fund to increase technical and financial advisory support for innovative decarbonisation projects that are either not selected via the Fund or are preparing to apply. The renewed PDA agreement aligns with the EU’s Clean Industrial Deal, which […]
REPowerEU: deal on energy measures in national recovery plans
Measures to save energy, produce clean energy and diversify supplies Support for vulnerable households, SMEs and micro-enterprises Member states to allocate more funds to cross-border and multi-country energy projects MEPs struck a deal with Council on the inclusion of REPowerEU measures in national recovery plans to support independence from Russian fossil fuels and the green […]