Innovation Fund
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Assessment
FEFTS Specifications
Financing mechanism
for Clean energy supply (Energy production system)
Agricultural domain
Open-field agriculture, Livestock, Greenhouses
Suitable for
Other
Applications
Agricultural field practices, Vehicles, Tools, Energy provision (e.g. electricity)
Type of solution
Other
Details
Applicability: European level
Investment type: European funding
Budget: 38 billion euros
Subsidy level: Maximum funding
Offerings: Facilities, Equipment, Material
Additional info
The Innovation Fund focuses on highly innovative technologies and big flagship projects within Europe that can bring on significant emission reductions. It is about sharing the risk with project promoters to help with the demonstration of first-of-a-kind highly innovative projects. It aims to finance a varied project pipeline achieving an optimal balance of a wide range of innovative technologies in all eligible sectors and Member States, Norway and Iceland. At the same time, the projects need to be sufficiently mature in terms of planning, business model as well as financial and legal structure. The fund supports cross-cutting projects on innovative low-carbon solutions that lead to emission reductions in multiple sectors, for example, through industrial symbiosis. The Fund is also open to small-scale projects with total capital costs under €7.5 million.
Relevant Files and Videos
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Assessment
This section contains a brief assessment of the FEFTS described.
There are 3 basic categories: General, Environmental and Socioeconomic assessment.
The purpose of this assessment is to give a quick overview to the potential FEFTS user of its application benefits.
For each question, the Likert scale is used with the following possible answers:
Strongly disagree, Disagree, Neither agree nor disagree (Neutral)/non applicable, Agree, Strongly agree
General
This FEFTS contributes to improve the energy profiles of farming systems:Environmental
The application of this FEFTS contributes to GHG emissions reduction:Socioeconomic
The application of this FEFTS contributes to cost reductions of farming systems:Keep in mind that this assessment is subjective, based on publicly available information.
All registered users are asked to evaluate each FEFTS and when an adequate number of reviews is gathered the results depicted here are updated. Each review is screened in order to avoid malicious practices.
FEFTS providers who do not agree with the assessment results, can send their inquiry to info@agrofossilfree.eu and a direct action based on their petition will be taken.