The Capital investment for decarbonisation processes is funded under the Enterprise Emissions Reduction Investment Fund, the objective of which is to support companies to decarbonise their manufacturing combustion processes (i.e. heating from manufacturing processes) through investment in carbon abating capital equipment and technologies.
The fund aims to:
- Reduce the payback period of key carbon reducing technologies at plant level by incentivising companies to invest in, and adopt these technologies
- Increase the resilience of companies to climate change and support them to accelerate progress towards a net zero carbon pathway
The fund is operating under the Green Transition Fund, the overall objective of which is to accelerate the decarbonisation of Irish enterprise, as part of Ireland’s National Recovery and Resilience Plan, funded by the European Union.
Companies eligible for support under the Enterprise Emissions Reduction Investment Fund: Capital investment for decarbonisation processes, are manufacturing clients of Enterprise Ireland, IDA Ireland and Údarás na Gaeltachta, subject to the prevailing policies and eligibility criteria of those agencies.
For more information and how to apply, see here.
