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The Sustainable Mobility Infrastructures for Low Emissions and qualitative Service (SMILES) project, supported by the Public Sector loan Facility (PSLF) under the Just Transition Mechanism (JTM), aims to green and diversify mobility in Nantes.

Today, the European Commission announced that six pioneering electric vehicle (EV) battery cell manufacturing projects will receive a total of €852 million in grants from the Innovation Fund, using revenues from the EU Emissions Trading System (EU ETS).

The energy upgrade project in Usti nad Labem is supported by the European Union under the Public Sector Loan Facility, with a grant of EUR 427,905.

The projects will help connect Europe – north to south, east to west, and urban to peripheral, making the EU’s internal market more competitive, and more resilient.

Green Assist's support helped align Restore's development with the European Commission's Nature Credits framework and roadmap.

Green Assist provided targeted expertise to support the early design of the pilot.

Designed to accelerate the deployment of cutting-edge low-carbon technologies, the Fund has grown into a key flagship instrument of the EU’s climate and industrial policy.

The structured contribution provided through Green Assist has been essential in reinforcing the project’s credibility and operational viability.

LIFE POPWAT was praised for its ‘technology made simple’ when it won the top prize for Circular Economy
and Quality of Life at the recent LIFE Awards 2025.
Riverse turned to Green Assist for expert support to develop a robust methodology to quantify avoided emissions and bring financial credibility to this emerging sector.