Innovation Fund - Overview

🚀 We are introducing the Innovation Fund - one of the world’s largest funding programmes for the demonstration of innovative low-carbon technologies.

Directly managed by the European Commission, it has a budget 💰 of €4.6 billion to boost net-zero technologies, electric vehicle battery cell manufacturing and renewable hydrogen. 

This initiative is designed to support innovative investment projects in energy-intensive industries, renewable energy, energy storage, industrial carbon management, net-zero mobility (including maritime, aviation, and road transport), and sustainable buildings.