Details Publication date25 March 2020Related departmentDirectorate-General for Budget Description 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. Files 25 MARCH 2020Commission Decision delegating the management of the revenues of the Innovation Fund to the EIB - COM(2020) 1892
