The scheme allows for funding projects undertaken by energy-intensive industries that aim at the development of innovative climate protection technologies and their utilisation on an industrial scale, in particular to reduce or avoid industrial process-related greenhouse gas emissions.
The scheme aims at enabling industry to research, develop, test, scale up and demonstrate innovative decarbonisation technologies and to facilitate their use in environmental protection and renewable energy investments on an industrial scale, by investing into appropriate production facilities for the reduction or avoidance of process-related greenhouse gas ("GHG") emissions, in view ultimately to achieve net-zero GHG emissions in the industrial sector by 2050.
