The European Commission revealed significant funding initiatives to drive Europe's clean tech future. The 3rd Hydrogen Bank call is scheduled for Q3 2025 with a €1 billion budget, supporting competitive projects across the continent. Additionally, a pilot auction of €1 billion will target the decarbonization of crucial industrial processes, promoting industrial decarbonization and electrification. Looking ahead, a €100 billion Industrial Decarbonisation Bank is set for Q2 2026, aiming to provide substantial funding for sustainable projects. Hydrogen Europe officials, including Daniel Fraile, praised these initiatives, highlighting the importance of long-term commitments and increased budgets for clean tech projects. The Industrial Decarbonisation Bank, sourced from various funds and revenues, will offer technology-neutral support and enhance project funding across Member States. Through measures like carbon contracts for difference, it will drive fair distribution and operational cost coverage. With these funding mechanisms, Europe aims to boost economic growth and environmental sustainability in the coming years.