Publications

Climate FinancingIndustry 2023
innovation fund
Fixing the Innovation Fixation

Fixing the Innovation Fixation

The EU’s Innovation Fund, launched in 2018, is the EU’s programme for funding cutting-edge low-carbon technologies. To be eligible, projects must be, according to the European Commission, highly innovative, cost-efficient, mature, scalable, and have a significant emission reduction potential. The Innovation Fund is financed using revenues from the Emissions Trading System (ETS), under which certain sectors have to buy emission permits (allowances) in order to be allowed to pollute.

EU Emissions Trading System (ETS) Steel 2023
Free allocation
Free Allocation Needs to Incentivise Circularity for the EU to Reach Net Zero

Free Allocation Needs to Incentivise Circularity for the EU to Reach Net Zero

Open letter: Free allocation needs to incentivise circularity for the EU to reach net zero     To: DG CLIMA - Mr Heiko Kunst  Chair of the Expert Group on Climate Change Policy    Dear Mr Kunst,  We are writing to you on behalf of the European steel scrap recycling...

EU Emissions Trading System (ETS)Industry Steel 2023
free emission permits
From Process to Product: A Fix to the Allocation of Free Emission Permits to Industry

From Process to Product: A Fix to the Allocation of Free Emission Permits to Industry

On 18 April 2023, Sandbag presented to the European Commission’s Expert Group on Climate Change Policy a proposal for reforming the granting of free emission permits to industry under the bloc’s carbon market. Our proposal aims to incentivise the switch to lower...

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