EIT Climate-KIC’s vision is to contribute to creating a prosperous, inclusive, climate-resilient society with a circular, zero-carbon economy. We believe that innovation will achieve the deep decarbonisation required, and strengthen climate resilience.
We do this by instigating transformative climate action and breakthrough innovation at the systems level. We support the development of relevant, timely and strategic innovation experiments to generate alternative business and industrial models that work towards this vision.
We receive funding from public and private partners, as well as an annual grant from the European Commission through its European Institute of Innovation and Technology (EIT).
Our structure and governance
EIT Climate-KIC is a public-private partnership comprising the Climate-KIC Association and the Climate-KIC Holding. The Association operates through the Climate-KIC Holding.
The Climate-KIC Association holds 100 per cent of shares in the Holding and oversees its strategic direction.
The Holding focuses on raising and effectively placing funds for climate-relevant innovation, while directly implementing and funding selected innovation initiatives at the systemic level. The Holding’s activities include pursuing public and private funding, sponsorship, incorporating, participating in and financing businesses and companies, and providing advice and services to others.
The Association’s members constitute a pan-European network whose purpose is to exchange knowledge, learn through experimentation, build capability and work jointly to mobilise action and initiatives that facilitate and accelerate climate innovation.
While the Association is a legal entity, the Assembly of the Association Climate-KIC is its decision-making body. It meets at least once a year to fulfill its aims. The Assembly assigns accountability for sign-off of certain items relevant to its shareholding in Holding to the Assocation’s Governing Board.
As shareholder, the Association signs-off, for the Holding, on multi-annual strategy, approval of the Holding Supervisory Board’s proposals for managing statutory directors of the Holding and additional shareholders of Holding.
The Governing Board provides intellectual leadership and investigates critical challenges in the areas of climate change mitigation and adaptation. It informs the multi-annual strategy and aspects of strategic relevance to the Association.
The Governing Board comprises 12 individuals elected from the Association’s members with an independent chairperson. The composition of the Governing Board reflects the diversity of institutions and regions within Climate-KIC. The Governing Board meets around six times a year, including an annual retreat.
The Governing Board elects a Chair and a Vice-Chair. Together, they are the legal representatives of, and legally represent, the Climate-KIC Association.
Climate-KIC Holding B.V.
The Holding focuses on raising and effectively placing funds for climate-relevant innovation. Its shareholders are represented through the General Meeting, where BVH multi-annual strategy and annual accounts are signed off.
The General Meeting also discharges Supervisory Board and managing statutory director liability, appoints and dismisses Supervisory Board members, approves changes to shares and ownership structures and amends or approves the Holding Articles.
The Holding’s performance is overseen by a Supervisory Board and managed by statutory directors who engage with a wider senior management group known as an Executive Team.
The Holding’s Supervisory Board takes responsibility for Climate-KIC Holding B.V.’s general affairs and reports to the company’s shareholders at the Annual General Meeting.
It supervises the Holding’s managing statutory directors’ performance and considers matters such as the multi-annual strategy to be proposed to the General Meeting, the annual business plan, accounts, legal and portfolio strategy for partners and strategic alliances.
EIT Climate-KIC Executive Team
The Executive Team manages the day-to-day activities of the Climate-KIC Group, led by the CEO and the CFO, who are managing statutory directors. The statutory directors are overseen by the Supervisory Board.
The CEO and CFO act as the primary liaison between the Executive Team and the Supervisory Board. Together, they closely coordinate with the Holding’s General Meeting and other members of the Climate-KIC community, notably the Association, to ensure effective two-way translation of advice and policy.