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:
(a) support projects demonstrating highly innovative technologies, processes, business models or products/services, that are sufficiently mature and have a significant potential to reduce greenhouse gas emissions
(b) offer financial support tailored to market needs and risk profiles of eligible projects, while attracting additional public and private resources
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 listed in Annex I 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.
Only activities carried out by beneficiaries or affiliated entities can receive funding.
In order to be eligible, the applicants (beneficiaries and affiliated entities) must:
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: firstname.lastname@example.org, email@example.com
(Publish Date: 06/04/2022-for internal use only)
European Executive Agency for Climate, Infrastructure and the Environment