Beatriz Yordi, Head of Unit on eco-innovation, EACI European Commission 1 February 2008 Financing eco-innovation within the CIP

2 The eco-innovation agenda  Lisbon Strategy: an economy based on knowledge and innovation  Council March 2007: ambitious strategy to promote eco-innovation  ETAP - Environmental Technologies Action Plan Good for business, good for the environment

3  New services: green banking, consultancy  New processes: cleaner production  New business and management methods: labelling, eco-management What is eco-innovation? « All forms of innovation reducing environmental impacts and/or optimising the use of resources »

4 Entrepreneurship & Innovation (EIP) € million incl. € 430 for eco-innovation ICT Policy (ICT) € 730 million Intelligent Energy Europe (IEE) € 730 million EIP committeeIEE committeeICT committee From 2007 to 2013: € million SMEs, Eco-innovation The CIP umbrella

5 Financial instruments Eco-innovation in the EIP (part of the CIP) Network of actors Pilot and market replication projects

6  Growth and Innovation Facility: Co-investment in risk capital fund  Managed by EIF on behalf of the Commission  Capacity building scheme: technical assistance to financial intermediaries in the new MS  Managed by International Financial Institutions Financial instruments

7 Network of actors  Networking of eco-innovation actors  Networking national or sub- national programmes  Specific actions or services of innovation actors run jointly  € 10 million planned for  Managed by DG ENV, in coordination with DG ENTR (joint calls) Network of actors

8  Support the first applications and market uptake of innovative technologies and practices  Aim at bridging the gap between Research & Development and commercialisation  Cover market oriented activities, with a strong emphasis on SMEs  To be run by the EACI in close cooperation with DG Environment « Good for the business, good for the environment » Pilot and Market replication projects €195 million ( )

9 THE EACI The first Executive Agency created by the Commission - previously known as the IEEA

10 OUR REMIT Manage the following EU programmes: Intelligent Energy - Europe Business support network Eco-innovation soon Marco Polo soon Competitiveness and Innovation Programme (CIP) soon

11 Objectives of market replication eco-innovation  Promote new and integrated approaches to eco-innovation in relation to products, processes and services  Remove obstacles to the wide application of eco- innovation  Create an enlarged market for eco-innovative products and services  Increase innovation capacities of SMEs

12  Materials recycling: better sorting processes, innovative recycling products, new recycling solutions.  Buildings: innovative processes and products in the building sector. Sustainable construction materials…  Food and drink sector: cleaner production processes aiming at higher resources efficiency, reduction of waste and increasing recycling and recovery, high efficiency in the water process.  Environmental management – Greening business: support to SMEs, application of (new) EMAS. Priority to cluster approach.  Eco-label and smart purchasing: eco-design, support to eco-labelling, integration of eco-innovation in supply chains.  Projects focussing on land-use, urban planning and water management should be presented to LIFE+( and also to DG RTD (  Projects oriented to public authorities should be presented to LIFE+. Call for proposals 2008: Main priority areas Final priorities to be published in April 08

13  First call in April 2008 with emphasis on SMEs.  Deadline for proposals: 11 September 2008  Approximate funding budget: 28 M€ for  Funding rate: 40% - 60% of the total eligible costs  Maximum three years contract  Approximate average EC contribution €700,000. Call for proposals 2008: Planning for market replication projects Pilot and market replication projects

14  Innovative character of the project, presenting clear and substantial environmental benefits and supporting policy objectives.  High potential for replication, potential to create or enlarge markets.  Quality of the technical and economic performances.  Soundness and coherence of project from the financial, technical and project management perspective.  European added value Call for proposals 2008: Main Award criteria Pilot and market replication projects

15 Website under construction If you would like to be informed about the Call 2008, please send your contact details to Mrs. Van Opdenbosch at the following address:

Thank you very much for your attention