Policy and Regulatory Information

Type of documentMission 1
TopicClimate Neutrality
TitleEuropean Commission and EIB Strengthen Support for Decarbonisation Projects under the Innovation Fund
AuthorsUnknown
PublisherEuropean Commission
Date of publishingMay 28, 2025
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DescriptionThe European Commission and the European Investment Bank (EIB) have signed a renewed agreement to expand Project Development Assistance (PDA) under the Innovation Fund, significantly strengthening technical and financial advisory support for innovative decarbonisation projects across Europe. The renewed agreement aligns closely with the EU’s Clean Industrial Deal, reinforcing the Union’s commitment to scaling up net-zero technologies, accelerating industrial decarbonisation and boosting Europe’s long-term competitiveness.
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