European Commission to Back 61 Net-Zero Projects with €2.9 Billion Grant

The Commission received 359 applications, seeking €21.7 billion in support

November 6, 2025

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The European Commission has announced a total of €2.9 billion (~$3.34 billion) in funding to 61 net-zero technology projects from its Innovation Fund. The funding utilizes revenues from the EU Emissions Trading System (EU ETS).

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European Commission to Back 61 Net-Zero Projects with €2.9 Billion Grant

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