€5.2 billion of EU Emissions Trading revenues earmarked for clean transition technologies under the Innovation Fund
The European Commission has announced the opening of three new funding opportunities under the Innovation Fund with a total budget of €5.2 billion in EU Emissions Trading System (EU ETS) revenues. The 2025 Net-Zero Technologies call with a budget of €2.9 billion, the third auction for hydrogen production under the European Hydrogen Bank with €1.3 billion, and the first-ever auction for decarbonisation of industrial process heat under the …