2040 target

In a Nutshell What is the 2040 Climate Target? The provisional agreement to amend the EU Climate Law establishes a legally binding 2040 climate target of 90% net greenhouse gas (GHG) emission reductions compared to 1990 levels. At least 85% of the target must be met...

Innovation Fund (IF)

In a Nutshell The Innovation Fund (IF) is one of the world’s largest funding programmes for the commercial demonstration of innovative low-carbon technologies. It is also the EU’s key funding instrument for financing the green transition and promoting...

CO₂ Market and Infrastructure Framework

In a Nutshell What is the CO2 market and infrastructure framework? The CO2 Market and Infrastructure Framework (sometimes referred to as the CO2 transport package) ​is a forthcoming legislative initiative aimed at creating a well-functioning and cost-effective...

Industrial Decarbonisation Bank (IDB)

In a Nutshell The Industrial Decarbonisation Bank (IDB) is expected to be a EUR 100 billion EU initiative designed to finance the industrial green transition. What is the Industrial Decarbonisation Bank? Born from the Clean Industrial Deal (CID), the IDB aims to boost...

Industrial Emissions Directive

In a Nutshell The Industrial Emissions Directive (IED) is the primary piece of EU legislation regulating industrial pollutant emissions including most greenhouse gases not covered by the EU Emissions Trading System Directive (ETS). It aims to prevent or reduce...