Innovation Fund

Commission awards €400 million to European projects to decarbonise heat production

Today, the European Commission has selected 65 projects under the Innovation Fund Heat Auction, the first ever EU-wide auction to accelerate the deployment of innovative clean heat technologies across European industry. Across 10 European Economic Area countries, Austria, Belgium, Czechia, Denmark, France, Germany, Hungary, Portugal, Slovenia and Spain, the projects will use a wide range […]

Special report on Innovation Fund 

Special report 11/2026: Innovation Fund – High potential, but slow progress and little impact on emissions reduction. The Innovation Fund supports targeted investments in innovative technologies with the potential to reduce greenhouse gas emissions. We carried out this audit to assess whether the Innovation Fund is helping to scale up demonstration projects which contribute effectively […]

Innovation Fund in 2024

Report on the implementation of the Innovation Fund in 2024

€5.2 billion of EU Emissions Trading revenues earmarked for clean transition technologies under the Innovation Fund

The European Commission has announced the opening of three new funding opportunities under the Innovation Fund with a total budget of €5.2 billion in EU Emissions Trading System (EU ETS) revenues. The 2025 Net-Zero Technologies call with a budget of €2.9 billion, the third auction for hydrogen production under the European Hydrogen Bank with €1.3 […]

Commission invests €2.9 billion from the Innovation Fund to boost net-zero technology projects

Today, the European Commission announced a total of €2.9 billion in funding to 61 cutting-edge net zero technology projects. The funding comes  from the Innovation Fund, using revenues from the EU Emissions Trading System (EU ETS). These grants follow a first call for net-zero technologies (IF24 Call), launched in December 2024, aiming to strengthen Europe's […]

EU invests €852 million in six innovative electric vehicle battery projects

Today, the European Commission announced that six pioneering electric vehicle (EV) battery cell manufacturing projects will receive a total of €852 million in grants from the Innovation Fund, using revenues from the EU Emissions Trading System (EU ETS). These grants follow a first Battery Call under the Fund, launched in December 2024, aimed at accelerating […]

European Commission and European Investment Bank to further support decarbonisation projects from the Innovation Fund

The agreement allows EIB Advisory to further increase its impact on supporting innovative decarbonisation projects in line with the Clean Industrial Deal. Companies can now apply for project development assistance via the EIB Innovation Fund Project Development Assistance website. The renewed agreement for the Innovation Fund Project Development Assistance (PDA) is building on the success […]

Implementation of the Innovation Fund in 2023

Report on the implementation of the Innovation Fund in 2023

First list of STEP Seals to promote high-quality EU projects in strategic technologies

The Commission has published the first projects that were awarded a Strategic Technologies for Europe Platform (STEP) Seal, a quality label which gives more visibility to promising projects in clean and resource-efficient tech, and deep and digital tech. This label will help attract additional EU public and private funding and support services. The first 130 […]

Commission earmarks €4.6 billion to boost net-zero technologies, electric vehicle battery cell manufacturing and renewable hydrogen under the Innovation Fund

Today, in the first week of its new mandate, the Commission is stepping up its efforts to boost net-zero technologies that are key to ensure the competitiveness of European industry while meeting agreed climate goals. It is launching two new calls for proposals with a budget of €3.4 billion to accelerate the deployment of innovative […]

European Innovation Council to invest €1.4 billion in deep tech and scale up of strategic technologies in 2025

The European Innovation Council (EIC), part of the EU research and innovation programme Horizon Europe, will support European deep tech research and high-potential start-ups with €1.4 billion next year. The EIC Work Programme 2025, which the Commission adopted today, represents an increase of nearly €200 million in comparison with 2024. In addition to a bigger […]

Implementation of the New European Innovation Agenda

On the implementation of the New European Innovation Agenda
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