Supplementing Directive 2003/87/EC: Innovation Fund operation

This regulation sets out the detailed operational rules for the EU Innovation Fund. This fund is designed to support the development and rollout of low-carbon technologies, helping the EU reach its climate goals by funding projects that reduce greenhouse gas emissions.

It affects companies and research institutions developing innovative energy and industrial technologies. It defines how projects are selected, how funding is allocated, and the requirements for monitoring the environmental impact of the supported projects.