Details
- Publication date
- 25 March 2020
- Related department
- Directorate-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
Commission Decision delegating the management of the revenues of the Innovation Fund to the EIB - COM(2020) 1892