The Innovation Fund program that helps reduce greenhouse gas (GHG) emissions.
“Large-scale” projects are projects with a capital expenditure of over € 7.5 million.
“Small scale” projects are projects with a total capital cost of less than € 7.5 million.
The objectives of this call are to:
The following activities can be funded under this call:
Carbon capture and utilisation can be funded if the capture of CO2 occurs within one of the activities of the EU ETS Directive, or if the utilisation of CO2 results in products substituting carbon intensive ones from the sectors listed in Annex I to the EU ETS Directive even if carbon is captured outside the activities of Annex I.
The available budget for this call is € 1,500,000,000 for grants and € 2,000,000 for project development assistance (PDA). The grants will be provided as lump sums.
Applicants must ensure that part of the grant amount requested is paid after financially closing a work package or upon completion of a previous work package the financial closure does not exceed 40% of the total amount of the grant requested.
In order to be eligible for funding under this call, the applicants must be:
The minimum number of applicants is one.
Ministry of Agriculture, Rural Development and Environment
Mrs. Maria Loizou
28th of October Avenue 20-22
2414 Engomi, Nicosia
Telephone: +357 22408955
Ministry of Research, Innovation and Digital Policy
Ms. Elena Poulli
29 Vyronos Avenue
Telephone: +357 22691921
Email: email@example.com, firstname.lastname@example.org
(Publish Date: 8/11/2021-for internal use only)
European Executive Agency for Climate, Infrastructure and the Environment