The report „The Innovation Fund: how can it support low-carbon industry in Europe“ combines lessons learned from the IF’s predecessor mechanism “NER 300” with insights from expert interviews in three key industry sectors (iron & steel, cement, pulp & paper).

One of its main conclusions is that “breakthrough technologies” with a high long-term abatement potential, and technologies in earlier phases of demonstration rather than those closer to the market but with less long-term potential, should primarily be targeted. By doing so, the fund would contribute to closing an important gap in public support for low-carbon innovation.