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Innovation Fund 2020-2030

The Innovation Fund is a key funding instrument for delivering the EU’s economy-wide commitments under the Paris Agreement and its objective to be climate neutral by 2050, as recognised in the European Green Deal Investment.

Budget

25 billion euro

Beneficiaries

All beneficiaries

Type of financing

Commission delegated regulation of supplementing Directive 2003/87/EC of the European Parliament and of the Council with regard to the operation of the Innovation Fund

Budget
25 billion euro
Bénéficiaires
All beneficiaries
Type de financement​
Commission delegated regulation of supplementing Directive 2003/87/EC of the European Parliament and of the Council with regard to the operation of the Innovation Fund
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Successor to the NER 300 Programme, the Innovation Fund aims to create the right financial incentives for companies and public authorities to invest in the next generation of low-carbon technologies and to give EU companies a first-mover advantage to become global technology leaders.

Objectives

  • To support projects demonstrating highly innovative technologies, processes or products, that are sufficiently mature and have a significant potential to reduce greenhouse gas emissions
  • To offer financial support tailored to market needs and risk profiles of eligible projects, while attracting additional public and private resources
  • To ensure that the revenues of the Innovation Fund are managed in accordance with the objectives of Directive 2003/87/EC

Priorities

  • Innovative low-carbon technologies and processes in energy-intensive industries, including products substituting carbon-intensive ones
  • Carbon capture and utilisation (CCU)
  • Construction and operation of carbon capture and storage (CCS)
  • Innovative renewable energy generation
  • Energy storage

Among financed actions

  • Highly innovative technologies and big flagship projects within Europe that can bring on significant emission reductions
  • Varied project pipeline achieving an optimal balance of a wide range of innovative technologies in all eligible sectors and Member States, Norway and Iceland
  • Cross-cutting projects on innovative low-carbon solutions that lead to emission reductions in multiple sectors, for example, through industrial symbiosis
  • Small-scale projects

How it works ?

Calls for projects :

Aucune relation trouvée.

Other European funds

LIFE

Protecting our Planet, Supporting Nature

ESF+

Investing in Citizens for a Strong Social Europe

ERASMUS+

Enriching students, Connecting Europe

CERV

Promoting Diversity, Equality and Rights in the EU

Horizon Europe

Focused on Innovation and Research

Digital Europe

Accelerating Europe’s Digital Transformation

Calls for projects :

Aucune relation trouvée.

Frequently asked question

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