“Any form of innovation aiming at significant and demonstrable progress towards the goal of sustainable development. This can be achieved either by reducing the environmental impact or achieving a more efficient and responsible use of resources. Eco-innovation projects will therefore aim to produce quality products with less environmental impact, whilst innovation can also include moving towards more environmentally friendly production processes and services. Ultimately they will contribute towards the reduction of greenhouse gases or the more efficient use of various resources. Innovations that are already commercially available on the market cannot qualify for funding, as a residual risk for market uptake is required for this.”
Source: EU's Entrepreneurship and Innovation Programme's (EIP) Eco-innovation initiative
To be elaborated
Projects: Alphouse, Cabee, Visible
→ go to the list of keywords
→ return to the Glossary