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Discover the programme

The Innovation Fund, financed by EU Emissions Trading System revenues, is one of the world’s largest funding programmes for the demonstration of innovative low-carbon technologies. The Fund focuses on highly innovative clean technologies and big flagship projects with European added value that can bring significant emission and greenhouse gas reductions.

Innovation Fund projects cover a wide range of innovative technologies in areas such as energy- intensive industries, renewables, energy storage, net-zero mobility and buildings, hydrogen, and carbon capture, use and storage. They are located in the EU, Liechtenstein, Iceland, and Norway.

Info days

On 10 December 2025, the European Climate, Infrastructure and Environment Executive Agency (CINEA) and the European Commission's Directorate-General for Climate Action (DG CLIMA) will host an Info Day for the Innovation Fund 2025 Heat Auction (IF25 Heat Auction).  

To help interested applicants prepare their proposals, the key features of the auction will be presented, such as its design and objectives, the application and evaluation process, and will include Q&A sessions. 

During the event, participants will have the opportunity to ask questions via Sli.do using #IF25Heat.

More INFORMATION HERE