Research database

The project ‘The cleantech industry in the EU Green Deal: policy challenges and the finance land-scape for SMEs (CLEU) aims to: i) analyse the actions that are undertaken by European cleantech firms to engage in transformative climate and innovation actions to align with the European Green Deal-inspired policies; ii) examine the association of the environmental innovation and the num-ber of new investments made by venture capital (VC) investors in cleantech companies on envi-ronmental indicators; iii) analyse the enabling factors for the development of European cleantech firms, with a focus on EU-level and country-level targeted policies and regulations and the differ-ent sources of financing; iv) analyse the extent to which the implementation of policies and regu-lations affect both the propensity of cleantech firms to seek external equity financing and the eq-uity offer by VC funds. Specific attention will be devoted to developing a robust and fully replicable methodology to identify cleantech companies in Europe, given the shortcomings of the existing classification methods (e.g., NACE industrial classification, EU taxonomy of sustainable investments). The results stemming from such research activities will lead to the definition of a set of policy recommendations. With the aim to disseminate the new knowledge generated through the research activities, the research teams will organize a series of training and dissemination activities over the three-year course of the project.