138 project proposals received under the Innovation Fund

The European Commission received 138 project proposals after the Innovation Fund closed its second call for large-scale projects on 3 March 2022. A total of €1.5 billion is to be made available for projects supporting the European Green Deal. On 11 March, the Commission reported that the project submissions represented €12.1 billion in requested funding.

Complementary Climate Delegated Act: Inclusion of natural gas as sustainable in the Taxonomy

The European Commission has on 2 February 2022 approved the Complementary Climate Delegated Act of the EU Taxonomy (CDA), including nuclear power and natural gas as sustainable activities. The Council and European Parliament have four months to either approve or reject the legislation but may request an additional two months.
Key elements are highlighted in this ZEP briefing.

€1.7 billion innovation funding under EIC

The Commission adopted on 9 February 2022 the 2022 work programme of the European Innovation Council (EIC). Launched in 2021, the EIC helps startups, SMEs and research teams to develop high-risk, high-impact breakthrough innovation. It has a budget of over €10 billion for the 2021-2027 period. Key elements are highlighted in this ZEP briefing.

ZEP Briefing – €1 billion funding for 5 infrastructure projects

On 26 January 2022, EU countries have agreed to invest € 1.037 billion in 5 cross-border infrastructure projects under the Connecting Europe Facility (CEF). A final decision by the Commission on the CEF grants is expected before the end of February.The funding will go to a study on CO2 transport, 3 projects for electricity transmission,Continue reading “ZEP Briefing – €1 billion funding for 5 infrastructure projects”

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