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Ireland and Northern Ireland industrial sustainability funds

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2026-10-16 12:33 UTC → 2026-10-20 18:39 UTC · added ~~removed~~

Ireland and Northern Ireland have launched the €26 million Shared Island Sustainability Challenge Fund to support industrial decarbonisation. The fund is split equally, with €13 million allocated to each jurisdiction, and is delivered through a partnership between Enterprise Ireland, Invest Northern Ireland, and InterTradeIreland. The initiative targets collaborative projects in priority areas including flexible industrial electrification, hard-to-abate climate technologies, water efficiency, and circularity. In addition to the shared fund, Northern Ireland has introduced the Net Zero ~~Accelerator. This scheme, led by the Department for the Economy and Invest Northern Ireland, aims~~ Accelerator to identify projects focused on renewable energy integration, energy storage, and industrial ~~decarbonisation to help inform future~~ decarbonisation. Ireland is now transitioning from policy ~~design.~~ goals to active investment. A progress report indicates that €163 million has been allocated to 43 projects over the last two years. Supported by Enterprise Ireland, IDA Ireland, and the Sustainable Energy Authority of Ireland, up to €500 million is available through 2030 for projects focused on renewable generation, energy efficiency, and cleaner technologies. A central component of this effort is the Environmental Aid Fund, valued at approximately €300 million. Current commitments are expected to reduce emissions by more than 346,377 tonnes of CO2 equivalent.

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