Portugal has unveiled a groundbreaking incentive system aimed at promoting investments in sectors crucial for achieving a carbon-neutral future. Running until December 2025, this program is financially supported by national resources and is designed to bolster large-scale projects that facilitate the transition to a sustainable and environmentally friendly economy. Emphasizing innovation, regional development, and global competitiveness, this initiative marks a significant milestone in Portugal's journey towards a green transformation. The incentive system offers substantial financial backing for eligible projects that focus on renewable energy, energy storage, green hydrogen, and advanced carbon management technologies. Supported projects include the implementation of solar panels, wind turbines, batteries, electrolyzers, heat pumps, and carbon capture equipment, all crucial in reducing greenhouse gas emissions and driving Portugal closer to its environmental targets. Qualifying projects can benefit from non-reimbursable grants covering up to 15% of eligible costs, capped at €150 million per company. Additionally, investments in economically challenged regions may receive higher incentives, ensuring a balanced approach to regional development. A notable aspect of this initiative is its adaptability. Projects already enrolled in other incentive programs can also access support, provided they meet the criteria and funding limits. This integration streamlines Portugal's support mechanisms, ensuring a harmonized approach to encouraging sustainable innovation while reducing bureaucratic hurdles for applicants. The management of applications will be overseen by a specialized agency responsible for evaluating, negotiating, and formalizing funding agreements. A dedicated decision-making body will prioritize proposals with significant environmental and economic potential, directing resources towards projects capable of fostering technological innovation, job creation, and enhancing Portugal's standing in the global green economy. This incentive system transcends mere financial backing; it encapsulates a broader vision of Portugal's commitment to combating climate change. By investing in cutting-edge technologies and nurturing sustainability-focused industries, Portugal underscores its dedication to meeting international climate objectives while stimulating economic advancement. This initiative underscores the belief that environmental stewardship and economic prosperity can coexist, positioning Portugal as a frontrunner in the global shift towards a sustainable future. With this bold and forward-thinking initiative, Portugal is not only tackling present challenges but also laying the groundwork for a cleaner and more prosperous future.