Horizon prize CO2 reuse will reward innovative products utilising CO2 that could significantly reduce the atmospheric emissions of CO2 when deployed on a commercial scale. The prize will induce actors in this field to do more to improve their processes and products in order to reduce atmospheric emissions of CO2. Moreover, the prize aims to mobilise and enhance private R&I investment, attract non-traditional players, create new partnerships and incentivise researchers and innovators to enhance efforts to abate emissions of anthropogenic CO2 in the atmosphere.
Preventing dangerous climate change is a key priority for the European Union. The EU is committed to reducing its greenhouse gas emissions substantially while encouraging other nations and regions to do likewise. One way to help these efforts is to make use of the CO2 by integrating it in consumer products. However, CO2 reuse technologies are still facing a number of technical, commercial and financial barriers.
It is expected that the prize will:
The development of innovative products which reuse CO2 in order to significantly improve net CO2 emissions, while overcoming technical, commercial and/or financial barriers.
More detailed information on the criteria for the contest will be published soon.
The contest has been launched and you can apply until 3 April 2019.
The rules of contest are available online.
Who can join the contest?
The contest is open to all legal entities (including natural persons) or groups of legal entities regardless of their place of establishment.
How will your application be evaluated?
Exclusion criteria foreseen in the article 139(2) 3rd subparagraph of the Financial Regulation will apply.
Essential award criteria: Innovations undertaken in pursuit of the prize objective must result in genuine reductions in net CO2 emissions from the relevant carbon dioxide utilisation technology/process.
The prize will be awarded, after closure of the contest, to the contestant who, in the opinion of the jury, demonstrates a solution that best addresses the following essential cumulative criteria: