Finance for innovation: Towards the ETS Innovation Fund

The European Commission adopted on 15 July 2015 a legislative proposal to revise the EU emission trading system (EU ETS), which includes the creation of an Innovation Fund. The Innovation Fund should be endowed with 450m allowances to support large-scale demonstration of activities in carbon capture and storage, renewable energy and low-carbon innovation in energy intensive industry, including carbon capture and use.

12 June 2017: Finance for innovation: Towards the ETS Innovation Fund – Final conference.

The "Finance for innovation: towards the Innovation Fund" expert consultations, initiated in January 2017, have been completed. The European Commission gathered the key recommendations from more than 250 experts from energy intensive industries, renewables, energy storage, and carbon capture and storage sectors.

• Conference programme
• Summary Report
• Finance for innovation

20 January 2017: High-level conference "Finance for innovation: Towards the ETS Innovation Fund"

The consultation process was kicked-off by a high-level conference in Brussels during which high-level experts presented the state of play for decarbonisation forecasts in the industry, with a focus on the financial needs and latest developments from the financial markets.

• Conference programme
• Conference minutes

Presentations

• Foreseen development of market rationale influencing investments into low carbon innovations - Wolfgang Eichhammer, Fraunhofer Institute for Systems and Innovation Research
• How big and deep is green? Impacts of decarbonisation on asset values and financial markets - Mirza Baig, AVIVA Investors
• Future of Financing solutions for energy related innovation in the EU – Monica Peña Sastre, European Investment Bank
• A low-carbon future for EU industry - inspirational examples in the EU - Tomas Wyns, i2-4c.eu
• Game changers in the steel industry - Theo Henrar, CEO Tata Steel NL
• Zero carbon energy generation - How to get there? - Hans Bünting, COO, Innogy SE

17 February 2017: Workshop 1 "Ferrous and non-ferrous metals"

• Programme
• Questions and themes
• Ferrous slides
• Non-ferrous slides

23 March 2017: Workshop 2 "Oil refining, Chemicals & bio-based, Paper & pulp"

• Programme
• Questions and themes
• Oil refining slides
• Chemicals slides
• Paper slides

06 April 2017: Workshop 3 "Cement & lime, Glass & ceramics"

• Programme
• Questions and themes
• Cement slides
• Glass slides

06 April 2017: Workshop 4 "Renewables and energy storage"

• Programme
• EIB products
• Storage slides (incl. Questions and themes)
• Renewables slides (incl. Questions and themes)

Location