EU Innovation Fund awards €3.4bn of ETS revenue to 77 net-zero projects
Twelve large-scale projects take nearly half the award, and small modular nuclear and direct air capture projects are firsts for the fund.
At a glance
The EU Innovation Fund awarded €3.4 billion from emissions-trading revenue to 77 net-zero projects, ESG Today reported.
The Asian Infrastructure Investment Bank committed up to $100 million to TPG's Global South climate strategy.
EU green bond standard issuance reached €39 billion by 7 October, nearly double the 2025 total, Commission figures show.
The EU Innovation Fund awarded €3.4 billion from emissions-trading revenue to 77 net-zero projects, ESG Today reported. Twelve large-scale projects take nearly half the €3.4 billion award, and the group includes the fund’s first small modular nuclear and direct air capture projects.
The Asian Infrastructure Investment Bank committed up to $100 million to TPG's Global South climate strategy. The commitment includes a $50 million fund investment and up to $50 million in co-investments. The strategy targets $2.5 billion, runs parallel to TPG Rise Climate II with ALTÉRRA, and is classified Article 9 under EU sustainability disclosure rules.
EU green bond standard issuance reached €39 billion by 7 October, nearly double the 2025 total, Commission figures show. Cumulative issuance under the voluntary standard now stands at about €60 billion since December 2024.
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