Jerusalem, 26 April, 2026 (TPS-IL) — The Israeli government has launched a second-year program to promote energy efficiency in industry as part of preparations for the carbon tax framework. The NIS 300 million ($100 million) initiative, spread over three years, supports projects that reduce fuel and electricity consumption and cut greenhouse gas emissions. The program includes expanded eligible sectors, new requirements for low-global-warming refrigerants, and incentives for fuel-to-electricity or hydrogen conversion.
Grants cover 25%–50% of costs, up to NIS 3.5 million ($1.17 million) per project. Applications are open until May 25, 2026. Officials said the plan aims to boost competitiveness while accelerating the transition to a low-carbon industrial economy.
The program is a joint initiative of the ministries of Finance, Economy and Industry, Energy and Infrastructure, and Environmental Protection.