EC: 1st Financing innovative clean tech virtual conference
Creation date: July 31, 2020
On 25 September 2020, financiers and industry representatives will gather virtually to discuss how public and private investors can join forces to deliver the European Green Deal and repair economic damage from the COVID-19 crisis.
To become the first climate-neutral bloc in the world by 2050, the EU needs massive investments from both public and private sectors.
The Innovation Fund will provide around €10 billion of support over 2020-2030 for the commercial demonstration of innovative low-carbon technologies, aiming to bring to the market industrial solutions to decarbonise Europe.
The first call for large-scale projects opened on 3 July with a budget of €1 billion for breakthrough technologies for renewable energy, energy-intensive industries, energy storage, and carbon capture, use and storage. The Fund will need to leverage public and private sources of funding to deliver the technological revolution that Europe needs.
Bringing together financiers and industry representatives, the 1st Financing Innovative Clean Tech conference will provide insight into how a project can reach financial close. Speakers and participants will share their views on:
- What makes an innovative clean tech project attractive for financiers?
- How to balance profitability and innovativeness?
- How to structure the financing of innovative clean tech projects?
- What added value can the Innovation Fund bring to investors and project promoters?
More information regarding the registration to the event will follow soon.
Source: European Commission
In: Environment & Energy