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EC event 'Finance for Innovation: Towards the ETS Fund' - Dods EU Briefing

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On June 12, The European Commission organised an event entitled 'Finance for Innovation: Towards the ETS Fund'. Looking back on the series of expert consultations and summary report that has been published, some key findings contained in the report were that grants should form a central part of funding and there should be a cross-sectoral approach to innovation and these aspects were discussed in detail. In addition, participants on both panels agreed that the EU must be at the heart of the drive to ensure that Europe meets its commitments under the Paris Agreement and stays at the global forefront where innovation is concerned. Panel I focused on the specifics of the Innovation Fund itself, with panellists on the second panel concentrating on Renewable energy, storage, CCS.

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