EU funding mechanism
05 November 2025
Commission invests EUR 2.9 billion from the Innovation Fund to boost net-zero technology projects
EU funding mechanism
05 November 2025
Cross-cutting policy
Login / create an account to be able to react
-
7
The European Commission announced a total of EUR 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 technological leadership and speed up the deployment of innovative decarbonisation solutions.
Editorial team
European Commission
Topics
EU-27
Business Support Organisation
Company with 250 or more employees
Cluster Organisations
EU Institutions
Local Authorities
National authorities
Regional Authorities
SMEs (a company with less than 250 employees)
-
Policy type
-
-
Cross-cutting policy
-
Share
The selected projects span 19 industrial sectors, 18 countries and different scales, reflecting the EU's ambition to decarbonise through a wide range of technologies and applications. The focus is on energy-intensive industries, renewable energy and energy storage, net-zero mobility and buildings, cleantech manufacturing and industrial carbon management.
The 61 projects have the potential to significantly reduce greenhouse gas emissions, cutting some 221 million tonnes of CO₂ equivalent over their first decade of operation. This is comparable to the annual emissions of 9.9 million average European cars[1]. This reduction will directly support the EU's objective of achieving climate neutrality by 2050.
Next steps
The developers of the 61 successful projects have been invited to start the grant agreement preparation phase with the European Climate, Infrastructure and Environment Executive Agency (CINEA). During this phase, the Commission and the selected project promoters will finalise the funding contract — confirming the budget, timetable, technical deliverables and legal responsibilities. The results of this process will be confirmed in the first half of 2026.
Comments (0)
See also
Commission facilitates landmark grant agreement of more than EUR 645 million for the Bornholm Energy Island interconnector between Denmark and Germany
- Categories
Two Czech projects secure EU funding under PSLF
- Categories
EU adopts the 2025 Horizon Europe work programme to boost innovation and talent
- Categories
