Innovation Fund: EUR 5.2 billion from EU carbon market revenues for clean tech deployment
The Commission has launched three new Innovation Fund funding opportunities worth EUR 5.2 billion, financed through Emissions Trading System (EU ETS) revenues. The package includes a EUR 2.9 billion Net-Zero Technologies call, a EUR 1.3 billion hydrogen production auction under the European Hydrogen Bank, and the first auction to decarbonise industrial process heat under the new Industrial Decarbonisation Bank with a budget of EUR 1 billion.
Together, these initiatives represent a significant boost to the EU’s clean transition, supporting progress towards the 2030 climate and energy targets, the 2050 climate-neutrality objective, and the delivery of the Clean Industrial Deal.
The IF25 NZT call is open for applications until 23 April 2026, 17:00 (CET), via the EU Funding & Tenders Portal. For the IF25 Hydrogen Auction and IF25 Heat Auction, the deadline to apply is 19 February 2026, 17:00 (CET).
For more information, see the Commission’s PR. For information on previous calls, see also our PR’s on IF25 NZT call and IF25 Hydrogen Auction.