The transition to green growth and innovation is closely related to green finance. The European Commission recognizes the need to support SMEs’ access to finance through programmes such as COSME (Competitiveness of Enterprises and Small and Medium-Sized Enterprises) and Horizon 2020 for Research and Innovation: InnovFin – EU Finance for Innovators.

The Green Growth Community tackles the challenge of supporting projects that promote the financing of innovation at a Mediterranean regional scale



  • Boosting the financing of innovation in Green Growth sectors through the improved delivery of policies and strategies and the introduction of innovative cluster services (FinMED, Boosting the financing of innovation for green growth sectors through innovative clusters services in the MED area).