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EU INNOVATION FUND

Funding

The EU presents ‘The Innovation Fund’, which is one of the world’s largest funding programmes for the demonstration of innovative low-carbon technologies.

It is a key funding instrument for delivering the EU’s economy-wide commitments under the Paris Agreement and its objective to become climate-neutral by 2050. The Fund will be financed by revenues from the auctioning of allowances under the EU Emissions Trading System and may amount to about €10 billion, depending on the carbon price.

The Innovation Fund will:

  • Help create the right financial incentives for projects to invest now in the next generation of technologies needed for the EU’s low-carbon transition
  • Boost growth and competitiveness by empowering EU companies with a first-mover advantage to become global technology leaders
  • Support innovative low-carbon technologies in all Member States in taking off and reaching the market.

Interested? Reach out to RVO

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The CO2 Smart Use website aims to connect all parties involved in CCU in the Netherlands, whether they are national or international players. We are therefore looking for all businesses in the Netherlands who already work on CCU, what they do, and who they’d like to get into contact with. What do you have to offer for the Dutch context?

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