Both SMEs and larger industries across various sectors are invited to bid into a competitive tender which aims to increase energy efficiency while reducing CO2 emissions related to industrial processes. Specific attention is given to the use of renewable or process heat. The program awards funding to the companies with the most economic cost-benefit ratio (euro saved per ton of GHG). IEA/IRENA Global Renewable Energy Policies and Measures Database © OECD/IEA and IRENA, [November 2020]