The European Union allocates 2.7 billion euros to finance 54 clean industry projects

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(Urdu Point / Pakistan Point News / WAM – March 24, 2026) Brussels24 He walks2026 (WAM) – The Innovation Fund continues to support the deployment of net-zero emissions technologies around the world Europe With revenue from European Union Emissions Trading System (EU ETS).

A total of 54 projects selected under the 2024 Call for Net-Zero Technologies (IF24 Call) have signed their grant agreements, marking the start of the implementation phase of a new wave of decarbonisation projects. In total, the projects will receive 2.7 euros one billion Of funding, with support for individual projects ranging from 1 euro.

8 million To 216 euros million.

The selected projects span 17 countries and 17 different industry sectors, reflecting a diverse range of innovative technologies ready for expansion. It supports a wide range of solutions, including refineries, cement and lime, manufacturing, renewable energy such as solar and wind, as well as marine, aviation and power. road Transportation (net zero mobility). Once operational, about 210 projects are scheduled to be completed million tons of carbon dioxide emissions during the first ten years.

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