EJ
Europe's Rail Joint Undertaking (EU-RAIL JU)

Studies on Innovation in Climate Finance for Rail

Funds studies on unlocking green bonds, carbon credits and other climate finance to pay for low-carbon rail investment.

Up to three Research and Innovation Actions can come out of this topic's shared EUR 600,000 pool, each paid as a lump sum rather than reimbursed against actual spending, so no single winning consortium should expect the full amount. The work is expected to start at a low technology readiness level, TRL1 with a technology concept possibly reaching TRL2, though a proposal aiming higher is not ruled

This topic wants Research and Innovation Action studies that identify how railways can access green bonds, sustainability-linked financing and carbon credit markets to fund decarbonisation. It expects standardised methods for measuring and verifying greenhouse gas reductions from rail investment, reporting guidelines aligned with the Corporate Sustainability Reporting Directive, and recommendations for closing gaps in current climate-financing criteria.

CycleiHow often this grant runs - e.g. annually, on a rolling basis, or a one-off call.No fixed schedule
Next deadlineiThe next date applications are due. Rolling means you can apply any time.-
Decision timeiTypical time from the deadline to the funder's decision.-
Project durationiHow long the funded work is expected to run.-
Award typeiThe form of funding - grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.-
Funding pooliThe total budget available across all awards in this round.€600K

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EJ
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