Green Transition Fund

Under Ireland’s National Recovery and Resilience Plan (NRRP) (2021-2026), projects supporting the digital and climate transition of enterprise are being funded through the EU’s Recovery and Resilience Facility. This covers projects that will facilitate emissions reductions as part of a decarbonisation planFunded by the European Union

As part of Ireland’s National Recovery and Resilience Plan and funded by the European Union, the Green Transition Fund will accelerate the decarbonisation of Irish enterprise.

It comprises two separate streams of funding, to support the different aspects of the decarbonisation journey for Irish enterprises. These are:

  • Climate Planning Fund for Business – building company capability to develop plans for lower-carbon products, processes, and business models.
  • Enterprise Emissions Reduction Investment Fund– supporting capital investment and Research, Development & Innovation in decarbonisation

Climate Planning Fund for Business

The Climate Planning Fund for Business (CPFB) is targeted at companies of different sizes and at different stages of engagement in their decarbonisation journey. It comprises a range of offers to reflect the different levels of engagement and preparedness of companies. The offers being provided under the CPFB will support companies to accelerate their awareness of decarbonisation opportunities, build capability and put in place sustainability plans.

Grant OfferSupport Available

Climate Action Voucher: Consultancy support to develop an initial sustainability/ decarbonisation/circular economy strategy and action plan.
€1,800 grant
GreenStart: Consultancy grant to support companies to introduce environmental best practice systems and structures, achieve cost and resource reduction targets and lay a foundation for future environmental improvement projectsGrant rate of up to 80% of eligible costs up to a maximum of €5000
GreenPlus: Support for training projects to develop a high level of environmental management capability, drive environmental efficiencies and achieve improved sustainability.Grant rate of up to 50% of eligible costs up to a maximum of €50,000
Strategic Consultancy: Consultancy grant to assist large energy users develop a carbon reduction roadmapGrant rates of up to 50% of eligible costs. Typical maximum support of €35k

Eligible companies for the Climate Planning Fund for Business are clients of Enterprise Ireland and Údarás na Gaeltachta. Specific eligibility criteria for each of the offers is available on the individual offer main webpages.

In addition funding support for climate planning is available through the Local Enterprise Offices.

Enterprise Emissions Reduction Investment Fund

Companies are at different stages of awareness, engagement and planning for the investments required to transform the sustainability performance of their business through decarbonisation. The Enterprise Emissions Reduction Investment Fund is targeted at companies of different sizes and stages of engagement in their decarbonisation journey: to put in place energy monitoring systems, thereby establishing the carbon footprint of their enterprise; to make investments in decarbonising their manufacturing processes; and to support Research, Development and Innovation (RD&I) in low carbon products and processes.

Grant OfferSupport Available
Capital investment for Energy Monitoring & Tracking (EM & T) Systems: Supporting companies to put in place monitoring and targeting systems to begin accounting for the carbon footprint of their activities

Grant rate of up to 50% of eligible costs, up to a maximum support of €50,000
Capital investment for decarbonisation processes: Supporting investment in carbon reducing technologies in manufacturing combustion processes
Max. grant rate of 30-50%, dependent on company size, up to a maximum support of €1m
Innovation Vouchers: Providing assistance to SMEs to explore a business opportunity or problem with a registered knowledge provider in the areas of sustainability and decarbonisation€5,000 per company
Exploring Innovation: Grant to support planning of research, development or innovation projects in the areas of sustainability and decarbonisationGrant rate of up to 50% of eligible costs. Typical maximum support of €35k
Research & Development: Supporting the development of new or substantially improved products, services or processes, in the areas of sustainability and decarbonisationGrant rates depend on project type and company size
Agile Innovation: Supporting the development of new or substantially improved products, services or processes, in the areas of sustainability and decarbonisationGrant rate of up to 50% of eligible costs.
Typical maximum support of €150k

Eligible companies for the Enterprise Emissions Reduction Investment Fund are manufacturing companies that are clients of Enterprise Ireland, IDA Ireland and Údarás na Gaeltachta. Specific eligibility criteria for each of the offers is available on the individual offer main webpages.

Note: Eligible companies for Innovation Vouchers are all SMEs.

Climate impact – Do no Significant Harm

All projects supported under the Green Transition Fund must comply with the ‘Do no significant harm’ Technical Guidance from the European Commission (2021/C58/01). Specifically:

  • The Fund will not be used to provide supports that lead to significant greenhouse gas (GHG) emissions.
  • The Fund will not be used to provide supports that will negatively impact on people, nature or assets.
  • The Fund will not be used to provide supports that will negatively impact on the sustainable use and protection of marine resources.
  • The Fund will not be used to support investments that will lead to significant inefficiencies in the use of materials or natural resources and the Programme will not lead to increased use of waste or inefficient use of waste.
  • The Fund will not be used to support investments that will lead to increased pollution in air, water, or land.
  • The Fund will not be used to provide supports that will lead to the harm of efforts to protect and restore biodiversity and ecosystems.
  • The Fund will not be used to support investments that will be detrimental to the conservation status of habitats and species, including those of European Union interest.

Key contacts/more information

For more information, please contact your Enterprise Ireland Adviser.

If you are not a client, please contact your nearest Enterprise Ireland Regional Office.

For general enquiries about the Green Transition Fund, please email green@enterprise-ireland.com

Clients of Udaras na Gaeltachta and IDA Ireland should contact their relevant agency.