EMEA > Compliance Markets & Taxes > EU Innovation Fund key for climate goals but hampered by red tape, insufficient cash, beneficiaries say

EU Innovation Fund key for climate goals but hampered by red tape, insufficient cash, beneficiaries say

Published 16:26 on September 5, 2025 / Last updated at 16:26 on September 5, 2025 / / EMEA (Compliance Markets & Taxes, Europe), Net Zero Transition (Industrial Decarbonisation, Investment, Reporting & Disclosure, Power/Electrification, Transport & Heating Fuels)

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Most beneficiaries of the EU ETS-backed Innovation Fund agree it is crucial for achieving the bloc's climate goals, but many complain the application process is too complex and drawn out, while the level of funding is inadequate, according to responses to a European Commission consultation.
Most beneficiaries of the EU ETS-backed Innovation Fund agree it is crucial for achieving the bloc's climate goals, but many complain the application process is too complex and drawn out, while the level of funding is inadequate, according to responses to a European Commission consultation.


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