CINEA 

The European Climate, Infrastructure and Environmental Executive Agency, CINEA, is the implementing body of the European Innovation Fund, EIF. CINEA’s mission is to support stakeholders in delivering the European Green Deal through high-quality programme management. 

All about CINEA – 2 minute film clip: https://youtu.be/XE4O1ph7mp4  

EIF 

The European Innovation Fund (EIF) programme contributing to greenhouse gas (GHG) reduction. The Innovation Fund focuses on highly innovative technologies and big flagship projects with European value added that can bring significant emission reductions. 

In November 2021, when it was announced what projects that would receive funding, Executive Vice-President of European CommissionTimmermans said:  

Innovation is crucial to provide the solutions we need this decade to keep 1.5 degrees within reach. Together with sharp emissions reductions, innovation gives us a path towards the Paris Agreement. Today’s decision gives concrete support to clean tech projects across Europe and enables them to scale up game-changing technologies that support and speed up the transition to climate neutrality. Our Fit for 55 package proposes to increase the Innovation Fund so that even more innovative European projects and ideas can jump ahead in the global climate innovation race.” 

The information on what projects that had been funded by EIF was published November 16, 2021.  

Facts: 

Funded projecs / Sister projects 

The European Union is investing over €1.1 billion into seven large-scale innovative projects under the Innovation Fund. The grants will support projects aiming to bring breakthrough technologies to the market in energy-intensive industries, hydrogen, carbon capture, use and storage, and renewable energy. The projects are located in Belgium, Italy, Finland, France, the Netherlands, Norway, Spain and Sweden. 

Energy-intensive industries:  

Renewable energy: