The document discusses eco-innovation in Europe. It outlines several key EU programs and initiatives to promote eco-innovation, including the Environmental Technologies Action Plan (ETAP), the CIP Eco-Innovation Programme, and efforts to transition to an eco-efficient economy. The EU aims to bridge the gap between environmental research and markets by increasing funding, revising legislation, and supporting small- and medium-sized enterprises. The overall goal is to stimulate economic growth while reducing Europe's environmental impact.