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About the programme

The Innovation Fund is one of the world’s largest funding programmes for the deployment of innovative net-zero and low-carbon technologies. Established by Article 10a (8) of Directive 2003/87/EC to support innovation across all EEA Member States, it is one of the key tools of the European Green Deal Industrial Plan.

Financed by revenues from auctioning allowances from the European Union Emissions Trading System (EU ETS) and with an estimated revenue of approximately €40 billion between 2020 and 2030, the Innovation Fund aims to help businesses invest in clean energy and bring technologies to market that can decarbonise European industry, while fostering its competitiveness.

The Innovation Fund awards grants through regular calls for proposals and competitive bidding procedures (auctions).

Contact

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clima-innovation-fundatec [dot] europa [dot] eu (clima-innovation-fund[at]ec[dot]europa[dot]eu)