EIT Climate-KIC receives €8.4 million for innovation projects that stimulate job creation and support a post COVID-19 green recovery

Eleven climate innovation projects across Europe tackling COVID-19 related challenges have been selected to receive funding as part of the “Pandemic Response Projects”, one of the two instruments of the EIT Crisis Response Initiative. The EIT Climate-KIC team chose the projects with the highest potential for job creation and economic regeneration to contribute to the European Union’s response to the COVID-19 pandemic.

Selected from among 137 applicants, the 11 successful proposals from nine countries respond to emergence from the pandemic’s impact and propose climate solutions in line with the need for green regeneration. They are innovation activities in circular economy, built environment and the financial system, three areas that were prioritised due to their high potential impact on economic growth, job creation and wellbeing. They also align with EIT Climate-KIC’s systemic approach to innovation and have clear objectives to support a just and people-centred transition towards a net-zero-carbon, circular economy.

The range of innovation projects receiving support include:

  • A financing mechanism led by Politecnico Di Milano in Italy that aims to stimulate a green economic recovery and promote a people-centered transition in the city of Milan, with the potential for wider scalability beyond the region
  • A proposal by Citizens’ Association SMART AP – Laboratory for Social Innovation Skopje in North Macedonia to design a solution to finance the sustainable transformations of five cities in five Balkan countries (Križevci, Maribor, Niš, Sarajevo, and Skopje) and help them achieve carbon neutrality by 2030 by catalysing the funding of climate mitigation projects
  • A project by the European Technology Platform For The Future Of Textiles And Clothing in Belgium that aims to generate new circular and resilient business models for the clothing industry by providing designers, brands and manufacturers with recommendations to advance circularity, increase transparency and reduce carbon emissions

Kirsten Dunlop, CEO of EIT Climate-KIC said: “We learned from this crisis that we cannot afford to go back to business-as-usual. That’s why climate action through innovation is at the heart of the European recovery plan. I was very impressed by the quality of the submissions we received and I am convinced that the successful projects have a great potential to not only mitigate the socio-economic impact of COVID-19 by supporting job creation, but also to unlock opportunities to help create systems resilience in the European Union and advance the green recovery.”

The Post-COVID-19 Regeneration Call 2020 was designed to attract the most ambitious and innovative climate solutions to support European economic recovery. It is part of the EIT Crisis Response Initiative, a €60 million initiative launched on 14 May 2020 with two main tracks of activities to be implemented by the EIT’s Knowledge and Innovation Communities. EIT Climate-KIC will receive a total of €8.4 million, which will be split between the ‘Pandemic Response Projects’ described above and ‘The Venture Support’ instrument which will back climate innovation start-ups, scale-ups and SMEs that have been enormously impacted by the COVID-19 crisis. The successful companies for this second call will be announced on 7 August.

Find the full list of ‘Pandemic Response Projects’ selected by EIT Climate-KIC here.

 
Location
Articles you may be interested in
In The News
Four EIT Climate-KIC innovators nominated for EIT Awards

Four EIT Climate-KIC innovators have been nominated to win...

Four EIT Climate-KIC innovators nominated for EIT Awards
In The News
EIT Climate-KIC selected to advise European Commission on sustainable finance

The newly created EU Platform on Sustainable Finance brings...

EIT Climate-KIC selected to advise European Commission on sustainable finance
In The News
bound4blue’s innovative wingsail technology gathers recognition across Europe

Cristina Aleixendri, Co-founder and COO of the Spanish start-up...

bound4blue’s innovative wingsail technology gathers recognition across Europe
In The News
EIT Climate-KIC and Glasgow City Region join forces, helping the region innova...

Home to one third of Scotland’s population and provider...

EIT Climate-KIC and Glasgow City Region join forces, helping the region innovate to become climate resilient
In The News
Cassetex from Bangladesh, Sosei from Uruguay and Carbon Craft Design from Indi...

More than 3,000 entrepreneurs from 56 countries participated in...

Cassetex from Bangladesh, Sosei from Uruguay and Carbon Craft Design from India win the seventh edition of ClimateLaunchpad
In The News
World’s biggest green business ideas competition now fully digital, free and...

The three-day Grand Global Final of the EIT Climate-KIC supported...

World’s biggest green business ideas competition now fully digital, free and accessible to all
In The News
Three cities building back better: Madrid, Milan and Amsterdam

EIT Climate-KIC will host a session at the 18th...

Three cities building back better: Madrid, Milan and Amsterdam
In The News
EIT Climate-KIC to work with Google on Impact Challenge

EIT Climate-KIC is delighted to announce that it will...

EIT Climate-KIC to work with Google on Impact Challenge
In The News
What role can finance play in the green recovery? EIT Climate-KIC and UNEP Fin...

EIT Climate-KIC, in partnership with the UNEP Finance Initiative,...

What role can finance play in the green recovery? EIT Climate-KIC and UNEP Finance Initiative ask leading thinkers to weigh in
In The News
EIT Climate-KIC supports European green recovery with €4 million for start-u...

EIT Climate-KIC is investing €4 million in nine climate...

EIT Climate-KIC supports European green recovery with €4 million for start-ups affected by COVID-19
In The News
The City Finance Lab calls on urban leaders to help build back better

Organised by sustainability expert South Pole, the competition for...

The City Finance Lab calls on urban leaders to help build back better
In The News
EIT Climate-KIC supported cities – Leuven, Milan, Valencia and Vienna no...

Twelve cities are in the final stage of the...

EIT Climate-KIC supported cities – Leuven, Milan, Valencia and Vienna nominated as European Capital of Innovation 2020
In The News
The climate emergency demands bold policy innovations – can cities d...

While the challenges of climate change and a global...

The climate emergency demands bold policy innovations – can cities deliver? 
In The News
EIT Climate-KIC joins circular economy side event at UN High Level Political F...

“Bold leaders are needed to drive a collaborative approach...

EIT Climate-KIC joins circular economy side event at UN High Level Political Forum on Sustainable Development
In The News
EIT Climate-KIC and Silesian Metropolis join forces to transform Europe’s la...

EIT Climate-KIC and the Metropolitan Association of Upper Silesia...

EIT Climate-KIC and Silesian Metropolis join forces to transform Europe’s largest coal region in the face of the climate crisis
In The News
Anders Wijkman represents EIT Climate-KIC at the International Society for the...

Speaking online at the inaugural Conference of IS4CE—the International...

Anders Wijkman represents EIT Climate-KIC at the International Society for the Circular Economy Conference
In The News
CEO Kirsten Dunlop represents EIT Climate-KIC at Climate Policy Forum

On 25 June, EIT Climate-KIC attended the Climate Policy...

CEO Kirsten Dunlop represents EIT Climate-KIC at Climate Policy Forum
In The News
EIT Climate-KIC supported LOOP-Ports project wins prestigious sustainability a...

The LOOP-Ports project, led by the Fundación Valenciaport  and funded by EIT Climate-KIC,...

EIT Climate-KIC supported LOOP-Ports project wins prestigious sustainability award
In The News
EIT Climate KIC joins roundtable as Republic of Korea moves Green Deal forward

On 24 June, EIT Climate-KIC attended the 7th Green...

EIT Climate KIC joins roundtable as Republic of Korea moves Green Deal forward
In The News
EIT Climate-KIC shines at the GLF Bonn Digital Conference, the year’s la...

EIT Climate-KIC’s Director of Sustainable Land Use and member...

EIT Climate-KIC shines at the GLF Bonn Digital Conference, the year’s largest global digital conference on the environment
In The News
EIT Climate-KIC supported Climeworks raises over €67 million to expand its c...

Climeworks, the world leader in capturing CO2 from air,...

EIT Climate-KIC supported Climeworks raises over €67 million to expand its carbon dioxide removal capacities
In The News
EIT Climate-KIC supported Zeleros raises €7 million for the development of h...

EIT Climate-KIC supported Zeleros Hyperloop has completed a financing...

EIT Climate-KIC supported Zeleros raises €7 million for the development of hyperloop in Europe
In The News
EIT Climate-KIC is restructuring to deliver systems transformation for climate...

EIT Climate-KIC is restructuring to provide “systems transformation as...

EIT Climate-KIC is restructuring to deliver systems transformation for climate change