04 / 06 / 2020
The Innovation Fund is a European funding programme for demonstration of innovative low-carbon technologies. It focuses on:
The Fund may amount to about €10 billion, depending on the carbon price. In parallel to the Innovation Fund, the EU ETS provides the main long-term incentive for these technologies to be deployed. The Innovation Fund is a key funding instruments for delivering the EU’s economy-wide commitments under the Paris Agreement and its objective to be climate neutral Europe by 2050.
On 5 June 2020 at 10.00 CET, the Innovation Fund Expert Group will have a virtual meeting which will be web-streamed.