It is understood that the "Innovation Fund" is an investment plan for low-carbon and renewable demonstration projects initiated by the European Commission, and its funds are partly from the auction of emission quotas in the EU's "emissions trading system", aiming at providing appropriate financial support for enterprises and public institutions, so that they can better invest in the next generation of low-carbon technologies and provide more advantages for enterprises including the automobile industry within the EU.
According to the European Commission, this call for proposals will provide 654.38 billion euros for large-scale clean technology projects to help them overcome the risks related to commercialization and large-scale demonstration and help new technologies enter the market. The Innovation Fund will assess the potential of the project in reducing greenhouse gas emissions, innovation potential, financial and technological maturity, scale expansion potential and cost-effectiveness. The deadline for registration is 20201October 29th, 65438+29.
The project collection is open to all EU member States, Iceland and Norway, and these funds can be used in cooperation with other public funding schemes. It is reported that during 2020-2030, in addition to this fund, the "Innovation Fund" will allocate about 654.38 billion euros from the auction proceeds of the EU emissions trading system, and we will continue to pay attention to more news in the future.