“Transformation is needed to make industrial enterprises operating in Lithuanian regions more competitive and less polluting. With this in mind, we will provide funding that will not only modernise these industrial enterprises, but will also contribute to the European Union’s goal to reduce greenhouse gas emissions by at least 40 per cent by 2030,” says Aušrinė Armonaitė, Minister of the Economy and Innovation.
The applicants for this measure are industrial enterprises operating in Kaunas, Šiauliai and Telšiai regions that are not participating in the EU Emission Trading Scheme. Project partners are not possible. Projects will be selected by way of a tendering procedure.
Up to EUR 39.9 million will be available for SMEs and up to EUR 2.1 million for large enterprises.
The maximum amount of funding available for a project is EUR 2 million. The minimum amount of funding available for a project is EUR 20 000.
“To reduce our dependence on fossil fuels, we have foreseen investments in the use of alternative fuels and in the installation of equipment that meets high environmental standards. Alternative fuels will replace polluting materials such as gas, oil and fuel oil, and industrial equipment will be upgraded to eco-friendly and non-polluting one, e.g. fossil-fuel boilers will be replaced by heat pumps of renewable energy. This equipment will use electricity and other eco-friendly materials,” says Iveta Paludnevičiūtė, Chancellor of the Ministry of the Economy and Innovation.
The Innovation Agency accepts applications by 18 September 2023.
The full terms of this call are available on the European Union Investment website.
Of the EUR 1 billion plan for the economy, EUR 165.2 million has been earmarked from the Just Transition Fund for the industrial transition towards a climate-neutral economy, and a further EUR 97.6 million has been earmarked for the creation of sustainable jobs by investing in the creation and development of industrial sites, and for attracting investors. This will open up even more opportunities for Lithuania.
To strengthen the Lithuanian economy, the Ministry of the Economy and Innovation will launch calls totalling almost EUR 1 billion by the end of 2023. Around EUR 365 million has been earmarked for business, innovation and investment, EUR 320 million for the digitisation of the state and business, and EUR 268 million for the greener economy.
The “Deployment of alternative fuels in industrial enterprises in Kaunas, Šiauliai and Telšiai regions” measure is implemented within the framework of the Just Transition Fund under the Programme for the European Union Funds’ Investments 2021–2027.
If you are interested in this call, you are invited to register for the online training which will take place on 18 August 2023 at 10:00 a.m. Please find the registration link here.
