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EU to spend €2.9bn on 61 new net-zero climate projects

Summary by EU Observer
The European Commission is spending €2.9bn from its Innovation Fund to help develop new decarbonisation technologies.

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The European Commission announced a total funding of € 2.9 billion for 61 leading technology projects with zero net emissions . This funding comes from the Innovation Fund , with revenues from the EU Emissions Trading System (EU ETS ) . These grants are part of the first call for net zero emissions technologies ( IF24) , launched in December 2024 , which aims to consolidate Europe’s technological leadership and accelerate the deployment of innov…

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Business Insider (Spain)Business Insider (Spain)

The European Commission announced this Monday that it will dedicate €2.9 billion for 61 technological projects, six of them Spanish, focused on reducing emissions within the framework of the ...

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agenzianova.com broke the news in on Monday, November 3, 2025.
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