The Innovation Fund is a funding programme for the demonstration of innovative low-carbon technologies. It focuses on:
Innovative low-carbon technologies and processes in energy intensive industries, including products substituting carbon intensive ones;
Carbon capture and utilisation (CCU);
Construction and operation of carbon capture and storage (CCS);
Innovative renewable energy generation;
Energy storage. IEA/IRENA Global Renewable Energy Policies and Measures Database © OECD/IEA and IRENA, [November 2020]