Policy and Regulatory Information

Type of documentMission 1
TopicAdaptation to climate change
Title€4.6 Billion to Power Europe’s Net-Zero Future
AuthorsUnknown
PublisherEuropean Commission
Date of publishingDecember 3, 2024
Linkhttps://ec.europa.eu/commission/presscorner/detail/en/ip_24_6184
DescriptionThe European Commission has earmarked a massive €4.6 billion under the Innovation Fund to bolster net-zero technologies, electric vehicle (EV) battery cell manufacturing, and renewable hydrogen production. This announcement, made at the start of the Commission's new mandate, underscores Europe's commitment to industrial leadership and climate neutrality by 2050.
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