European Union Financial Instruments for Cleantech and Climate Innovation

Context

In 2023, the EU has an ambitious regulatory framework to perform its green transformation, but it is still lacking a financing framework, as the promised “European Green Deal Investment Plan” of 1 trillion euros never materialized. This is a particular concern for clean technologies as they are riskier than other investments, given them a harder access to private capital.  

Clean technologies (Cleantech) plays a crucial role in Europe’s decarbonisation, and the EU and Member States will need to both manufacture and deploy mature cleantech at scale as well as continue to develop and support innovation. Both of these challenges incorporate a public finance element. 

Objectives and partners

Shaping an EU policy framework that increases the level of public and private investment in breakthrough and priority climate innovations and drives rapid deployment. This project will work at the EU level, producing research and leading advocacy to unlock public investment in cleantech. This will be done through both original I4CE research and organising in concert with other think tanks, NGOs and cleantech industry associations.  

This project is funded by