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Objective of the funding programme

The Innovation Fund, financed by EU Emissions Trading System (ETS) revenues, is one of the largest programs supporting innovative technologies aimed at reducing carbon emissions in sectors such as renewable energy, energy-intensive industries, and clean mobility. While its primary focus is emissions reduction, the fund may also support climate adaptation. Technologies like carbon capture and storage (CCS), green hydrogen, and advanced energy storage not only contribute to emissions goals but also help build more resilient infrastructure and systems, reducing the vulnerability of communities to the impacts of climate change. By driving low-carbon innovation, the fund enhances both emissions reductions and climate resilience, supporting the transition to a more adaptive future.

See general information on how to apply to this programme.

Learn about Innovation Fund funding opportunities.

Find further assistance and guidance on all aspects of participation in the Innovation Fund.

Type of funding

Grants

Competitive bidding procedures or auctions

Funding rate (percentage of covered costs)

Up to 60% (in case of regular grants) co-financing rate.

Expected budget range of proposals

1M € - 10M €, > 10M €

Can the received funding be combined with other funding sources (blended)?

Yes

Is a Consortium required to apply for the funding?

No

Administering authority

The European Commission is responsible for the overall management of the funds and approves the selection of projects. CINEA supports the efficient and effective implementation of the programme, both for small and large-scale projects, while the EIB provides and manages the Project Development Assistance (PDA).

General information

Innovation Fund website

Further information

What is the Innovation Fund?

Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia, Liechtenstein

All regions in those countries

Step 5. Implementing adaptation
Local authorities and administrative bodies, Social, cultural and educational institutions, Companies, SMEs and private associations, NGOsBuildings, Transport, Energy

Disclaimer
The contents and links to third-party items on this Mission webpage are developed by the MIP4Adapt team led by Ricardo, under contract CINEA/2022/OP/0013/SI2.884597 funded by the European Union and do not necessarily reflect those of the European Union, CINEA, or those of the European Environment Agency (EEA) as host of the Climate-ADAPT Platform. Neither the European Union nor CINEA nor the EEA accepts responsibility or liability arising out of or in connection with the information on these pages.

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Exclusion of liability
This translation is generated by eTranslation, a machine translation tool provided by the European Commission.