The Commission will manage the Common Provisioning Fund The CPF will hold the provisions that anchor the operation of financial instruments, financial assistance and budgetary guarantees under the next MFF. Given its central importance for the EU budget, the Commission will use its proven capacity to manage itself the assets of the CPF. The Communication explains this decision and presents the findings of an independent assessment. The Decision on Asset Management Guidelines frames the prudent investment strategy that will be implemented. 25 MARCH 2020Commission Communication on the Common Provisioning Fund - COM(2020) 130 25 MARCH 2020Commission Decision on the Asset Management Guidelines for the CPF - COM(2020) 1896 25 MARCH 2020An independent assessment of the options for managing the assets of the CPF The Commission delegates the management of the revenues of Innovation Fund to the EIB The Innovation Fund has been created to support low-carbon projects and climate transition, financed by the auction of allowances under the Emissions Trading Scheme Directive. These are expected to amount to EUR 10BN over the next 7 years. 25 MARCH 2020Commission Decision delegating the management of the revenues of the Innovation Fund to the EIB - COM(2020) 1892 Details Publication date25 March 2020LocationBrussels
