One of the key priorities of the EU’s Horizon 2020 research and funding programme is the creation of systemic eco-innovation. The Energy Union strategy calls for the EU to become the world number one in renewables. That would be achieved by investing in innovation and research and development, according to the plan. If successful they could help make Europe a world leader in the new green economy, provided innovation was coupled with the right infrastructure, interconnections and information-sharing, agency bosses heard. The LIFE programme is the European Union’s financial instrument supporting environmental and nature conservation projects throughout the Union. Since 1992 LIFE has co-financed some 4,000 projects. LIFE also provides financing opportunities in form of loans or equity investments for revenue-generating or cost-saving pilot projects promoting the preservation of natural capital, including climate change adaptation projects, through the Natural Capital Financing Facility (NCFF).
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