On 3 December 2024, the European Commission has published the IF24 Call for proposals with €2.4 billion available for net-zero technologies. The call, funded by revenues from the EU Emissions Trading System (EU ETS), aims to strengthen Europe’s manufacturing capacity, technological leadership, and supply chain resilience.
The IF24 Call supports decarbonisation projects of different scale and aims to strengthen industrial manufacturing capacity in energy intensive industries, renewable energy, energy storage, and carbon capture, use and storage.
Five European projects will help companies to apply for the Innovation Fund
The 2DPLOY, DIAMONDS4IF, H2IF, LEADS, and REALIZE projects, will present innovative net-zero technologies developed as part of Horizon 2020/Europe projects to the new Innovation Fund. The multidisciplinary team of the five projects (funded under the topic HORIZON-CL5-2023-D2-01-07: ‘Support for the deployment of R&I results for climate mitigation. Synergies with the ETS Innovation Fund’) will prepare winning proposals, and support companies by meeting the programme’s criteria, i.e. the degree of innovation, greenhouse gas emission avoidance potential, project maturity, replicability, and cost efficiency.
Project promoters for the net-zero technologies call have until 24 April 2025, 17:00 (CET) to apply. The European Commission organised an online info session on 17 December.
Notes:
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.
The REALIZE and DIAMONDS4IF projects aim to present a portfolio of new renewable energy generation technologies to the EU Innovation Fund through proposals resulting from completed Horizon projects in Renewable Energy Sources.
2DPLOY aims to support European energy-intensive industries in increasing the deployment of carbon-neutral technologies and processes.
The LEADS project aims to accelerate the path towards the EU’s target of becoming the first carbon-neutral continent by 2050 through Carbon Capture Use and Storage (CCUS) technologies.
H2IF’s mission is to validate the effectiveness of this connection by scaling up and submitting three meticulously selected projects to the Innovation Fund instrument.
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