Protecting the Innovation Fund to ensure real climate action and support industrial transformation

The Clean Air Task Force and nine other organizations oppose a provisional agreement on RePowerEU that would allow Member States to use 60% of grants from the Innovation Fund and 40% of front-loaded ETS allowances to fund RePowerEU measures. They argue that diverting these funds undermines the deployment of non-commercial scale technologies essential for meeting climate goals.

• A provisional agreement on RePowerEU would allow EU Member States to fund the scheme using a combination of Innovation Fund grants (60%) and front-loading ETS allowances (40%), which the authors claim will "weaken and reduce the size of the Innovation Fund".
• The authors emphasize the critical role of the Innovation Fund because a significant portion of the emissions reductions required for climate goals depends on technologies that are not yet available at a commercial scale.

APA

Clean Air Task Force (2022). Protecting the Innovation Fund to ensure real climate action and support industrial transformation. https://www.catf.us/resource/repower-eu-agreement-innovation-fund-open-letter/

Chicago

Clean Air Task Force. Protecting the Innovation Fund to ensure real climate action and support industrial transformation. 2022. https://www.catf.us/resource/repower-eu-agreement-innovation-fund-open-letter/.

Wikipedia

{{cite press release |author=Clean Air Task Force |title=Protecting the Innovation Fund to ensure real climate action and support industrial transformation |date=14 December 2022 |url=https://www.catf.us/resource/repower-eu-agreement-innovation-fund-open-letter/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{cleanairtaskforce2022protecting, author = {{Clean Air Task Force}}, title = {{Protecting the Innovation Fund to ensure real climate action and support industrial transformation}}, publisher = {Clean Air Task Force}, year = {2022}, month = dec, url = {https://www.catf.us/resource/repower-eu-agreement-innovation-fund-open-letter/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }