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NEDO Green Innovation Fund (GI Fund)

Green Innovation Fund Project

Funds Japanese consortia transforming carbon-neutral industrial systems across energy and material technologies.

The Green Innovation Fund Projects are a suite of large-scale, multi-year research, demonstration, and social implementation initiatives managed by NEDO on behalf of Japan's Ministry of Economy, Trade and Industry (METI). The fund was established in FY2020 with an initial allocation of ¥2 trillion from the Tertiary Supplementary Budget and subsequently expanded to approximately ¥2.8 trillion (roug…

Large Japanese industry consortia developing carbon-neutrality technologies aligned with Japan's Green Growth Strategy: hydrogen supply chain and applications, offshore wind, batteries, ammonia/hydrogen co-firing, carbon capture, sustainable fuels, green steel, green chemicals, next-generation digital infrastructure, next-generation ships.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.32 weeks
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.30%
Funding pooliThe total budget available across all awards in this round.Â¥280B

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Last verified: 22 Jul 2026Source: green-innovation.nedo.go.jp