Today, the European Commission has published new technical guidance on climate-proofing of infrastructure projects for the period 2021-2027. The guidance will help mainstream climate considerations in future investment and development of infrastructure projects from buildings, network infrastructure to a range of built systems and assets. That way, institutional and private European investors will be able to make informed decisions on projects deemed compatible with the Paris Agreement and the EU climate objectives.
For the first time since the creation of the Innovation Fund, the European Union is investing €118 million into 32 small innovative projects located in 14 EU Member States, Iceland and Norway. The grants will support projects aiming to bring low-carbon technologies to the market in energy intensive industries, hydrogen, energy storage and renewable energy. In addition to these grants, 15 projects located in 10 EU Member States and Norway will benefit from project development assistance worth up to €4.4 million, with the aim of advancing their maturity.
The European Energy Exchange (EEX) published today the revised 2021 and 2022 EU ETS auction calendars.