EU institutions on ‘same side’ in defending Innovation Fund from REPowerEU funding raid, says lawmaker

Published 17:09 on December 1, 2022  /  Last updated at 17:09 on December 1, 2022  /  EMEA, EU ETS  /  No Comments

The European Commission and Parliament agree the size of the Innovation Fund is crucial to support industry decarbonisation, the Parliament heard on Thursday, with lawmakers calling for unity against a member state plan to divert some of the Fund's carbon market revenue to the REPowerEU initiative. 

The European Commission and Parliament agree the size of the Innovation Fund is crucial to support industry decarbonisation, the Parliament heard on Thursday, with lawmakers calling for unity against a member state plan to divert some of the Fund’s carbon market revenue to the REPowerEU initiative.

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