CLEU - The cleantech industry in the European Green Deal: policy challenges and the finance landscape for SMEs

Funding Agency: European Investment Bank (EIB)

Funding Program: BEI University Research Sponsorship (EIBURS)

The European Green Deal aims at creating a 2050 neutral economy through multiple channels of intervention. Technological innovation is crucial to reach the targets of decarbonization of the energy sector and increasing energy efficiency, enhancing the role of the circular economy in many sectors, and developing cheaper and healthier forms of private and public transport. The project aims to: i) analyse the actions that are undertaken by European cleantech firms to engage in transformative climate and innovation actions to align with the European Green Deal-inspired policies; ii) examine the association of environmental innovation and the number of new investments made by venture capital (VC) investors in cleantech companies on environmental indicators; iii) analyse the enabling factors for the development of European cleantech firms, with a focus on EU-level and country-level targeted policies and regulations and the different sources of financing; iv) analyse the extent to which the implementation of policies and regulations affect both the propensity of cleantech firms to seek external equity financing and the equity offering by VC funds.

Project Coordinator: Politecnico di Torino - Department of Production and Management Engineering

Unibo role: Partner

DiSA Team Leader: Laura Toschi

DISA Team members: Federico Munari, Maurizio Sobrero

Other Project partners: the Department of Management, Economics, and Industrial Engineering of Politecnico di Milano

Total Contribution: 300.000 euro

Start date: 15-5-2022 -  End date: 14-5-2025

Project site: http://eiburs.polito.it/  

This project has received funding from the European Investment Bank under the programme Knowledge 2021/C/383/06