The European Commission is looking at cost-efficient ways to make the European economy more climate-friendly and less energy-consuming.
Its low-carbon economy roadmap suggests that:
The roadmap suggests that, by 2050, the EU should cut its emissions to 80% below 1990 levels through domestic reductions alone (i.e. rather than relying on international credits). This is in line with EU leaders’ commitment to reducing emissions by 80-95% by 2050 in the context of similar reductions to be taken by developed countries as a group.
To reach this goal, the EU must make continued progress towards a low-carbon society. Clean technologies play an important role.
The objective of the Climate category is to award the startups that develop clean technologies and low- or zero-carbon energy, spurring growth and jobs help Europe reduce its use off-key resources like energy, raw materials, land and water. Also, startups who create product or services that help with the mitigation of the impact of the climate change.
The most important eligibility criteria are the following: