EU research funding related to climate change is shifting towards the market, according to observers. There is now less money available for work on climate mechanisms, early-stage technologies, and societal drivers.

This trend is expected to increase in the next iteration of Horizon Europe, which will be closely coordinated with the new European Competitiveness Fund (ECF). “Calls increasingly frame climate action as accelerating the deployment of clean technologies,” she told Science|Business.

While the late Horizon 2020 and early Horizon Europe programmes contained robust calls on topics such as sufficiency and demand reduction, social and institutional aspects are receiving less focus in the current funding landscape.
https://sciencebusiness.net/news/r-d-funding/green-technology/climate-research-funding-moves-closer-market-better-or-worse