Deadline Date: April 23, 2026
The European Commission has launched its Innovation Fund to support the development and deployment of innovative low-carbon technologies and processes that can significantly reduce greenhouse gas emissions.
The focus is on sectors covered by the EU Emissions Trading System, with the broader goal of accelerating climate change mitigation while strengthening sustainable development and technological leadership within Europe.
The initiative offers a substantial financial commitment, with an estimated total call budget of 2.9 billion euros. Depending on the availability of resources, this amount may be increased by up to 20 percent, reflecting the scale and strategic importance of the supported projects. Individual projects may receive funding of up to 100 million euros, enabling large-scale and transformative investments.
Funded projects are expected to demonstrate long-term viability and impact. Beneficiaries must be able to reach financial close within four years of signing the grant agreement and commit to operating for at least five years after entering into operation. This operational period is essential to ensure meaningful monitoring of greenhouse gas emission avoidance.
Eligibility is broad and inclusive. Applicants may be public or private legal entities established in any country worldwide. This global openness is intended to attract strong projects and partners capable of delivering high-impact solutions aligned with European climate objectives.
Before submitting a proposal, all beneficiaries and affiliated entities are required to register in the official Participant Register and undergo validation by the Central Validation Service. As part of this process, applicants must provide documentation confirming their legal status and country of establishment, ensuring transparency and compliance throughout the selection process.
For more information, visit European Commission.
