2 Amendments of Pascal CANFIN related to 2023/0199(COD)
Amendment 6 #
Proposal for a regulation
Recital 12
Recital 12
(12) Directive 2003/87/EC54 should be amended to allow for additional financing with a financial envelope for the period 2024-2027 of EUR 5 billion. The Innovation Fund supports investments in innovative low-carbon technologies, which is a scope that is to be covered by the STEP. The increase in volume of the Innovation Fund should therefore allow to provide financing responding to the objective of supporting the development or manufacturing in the Union of critical clean technologies. On top of additional financing, the functioning of the Innovation Fund should be adapted to deliver on the objective of supporting the development or manufacturing in the Union of critical clean technologies as set by the STEP objective referred to in Article 2, point (a)(ii) of Regulation .../...63 [STEP Regulation]. Calls for proposals must be designed and aligned to deliver on the Union objectives set out for domestic manufacturing capacity in key industrial value chains. They shall be announced in advance in a strategic program made public by the Commission in order to provide predictability to industry. In line with the objectives of ensuring cohesion and promoting the Single Market, and in order to support the green transition and the development of clean technologies throughout the Union, the additional financial envelope should be made available through calls for proposals open to entities from Member States whose average GDP per capita is below the EU average of the EU-27 measured in purchasing power standards (PPS) and calculated on the basis of Union figures for the period 2015-2017. _________________ 54 Directive 2003/87/EC establishing a scheme for greenhouse gas emission allowance trading (OJ L 275, 25.10.2003, p. 32).
Amendment 16 #
Proposal for a regulation
Article 9 – paragraph 1 – point 1
Article 9 – paragraph 1 – point 1
Directive 2003/87/EC
Article 10a(8)
Article 10a(8)
In addition to the allowances referred to in the first to fifth subparagraphs of this paragraph, the Innovation Fund shall also implement a financial envelope for the period from 1 January 2024 to 31 December 2027 of EUR 5 000 000 000 in current prices for supporting investments contributing to the STEP objective referred to in Article 2, point (a)(ii) of Regulation .../...63 [STEP Regulation]. The Commission shall prepare a strategic planning of the Innovation Fund calls for proposals and associated budgets for cleantech manufacturing in line with the public investment needs to meet the STEP objective referred to in Article 2, point (a)(ii) of Regulation .../...63 [STEP Regulation]. This planning shall be made public. This financial envelope shall be made available to support investments only in Member States whose average GDP per capita is below the EU average of the EU- 27 measured in purchasing power standards (PPS) and calculated on the basis of Union figures for the period 2015-2017 _________________ 63 Regulation …/… of the European Parliament and of the Council … [insert full title and OJ reference].