Tag: Innovation Fund

Innovation Fund’s support for CCS projects beyond the North Sea will aid decarbonisation

Stuart Mitchell

The European Commission has announced €4.8 billion in grants under the Innovation Fund to 85 important climate and energy projects across 18 countries. Among them are 16 projects involving carbon capture and storage (CCS).  Key takeaways on carbon capture projects announced by the Innovation Fund:  First Onshore CO2 Storage in the EU: The Danube Removals project in Hungary marks the first onshore CO2 storage project supported by the Innovation Fund in the EU, as well as Hungary’s first commercial-scale CCS project. The project aims to deliver carbon removals through the…

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UNHCR’s Innovation Fund awards projects designed by refugees for refugees

Stuart Mitchell

A new Refugee-led Innovation Fund from UNHCR, the UN Refugee Agency, has awarded 17 organizations hundreds of thousands of dollars to improve the lives of displaced people and host communities. From an initiative equipping stateless people in Italy with the advocacy skills they need to change the narrative on statelessness, to a seed bank and community garden system supporting sustainable food security and livelihoods in Uganda, these innovative projects will make lasting positive change. “This is an important moment for UNHCR and the wider humanitarian community. People who are forced…

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