2 Amendments of Iratxe GARCÍA PÉREZ related to 2014/0011(COD)
Amendment 84 #
Proposal for a decision
Article 1 – title
Article 1 – title
Market stability reserve and innovation fund
Amendment 155 #
Proposal for a decision
Article 1 – paragraph 6 a (new)
Article 1 – paragraph 6 a (new)
6a. At least 400 million allowances shall be transferred to an innovation fund and shall be made available to promote projects demonstrating innovative technologies with low carbon emission levels, which are not yet commercially profitable, as well as industrial innovation projects in sectors exposed to carbon leakage, within the EUʼs territory. The Commission shall adopt a decision establishing the innovation fund and the eligible project categories, as well as the selection criteria and funding arrangements, before 31 December 2015. Allowances shall be monetised and awarded to the selected projects before 31 December 2021.