EU Emissions Trading System and market stability reserve: competitiveness and cost-effective decarbonisation

Amendment 2294

Emma Wiesner, Pascal Canfin, Yvan Verougstraete, Martin Hojsík, Anna Stürgkh, Jeannette Baljeu

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cb – paragraph 6 – subparagraph 1a (new)

Or. en

Amendment 2295

Adam Jarubas, Andrzej Halicki, Riho Terras, Ewa Kopacz, Elżbieta Katarzyna Łukacijewska, Hanna Gronkiewicz-Waltz, Bartosz Arłukowicz

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cb – paragraph 6 – subparagraph 2a (new)

Or. en

Amendment 2296

Emma Wiesner, Yvan Verougstraete, Anna Stürgkh, Jeannette Baljeu

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cb – paragraph 7

Or. en

Amendment 2297

Adam Jarubas, Andrzej Halicki, Riho Terras, Ewa Kopacz, Elżbieta Katarzyna Łukacijewska, Hanna Gronkiewicz-Waltz, Bartosz Arłukowicz

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cb – paragraph 8

Or. en

Amendment 2298

Sirpa Pietikäinen

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cb – paragraph 9

Or. en

Amendment 2299

Jens Gieseke, Ralf Seekatz, Sophia Kircher, Norbert Herhammer, Gheorghe Falcă, Andrea Wechsler, Borja Giménez Larraz, Isabelle Le Callennec

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cb – paragraph 9

Or. en

Amendment 2300

Adam Jarubas, Andrzej Halicki, Riho Terras, Ewa Kopacz, Elżbieta Katarzyna Łukacijewska, Hanna Gronkiewicz-Waltz, Bartosz Arłukowicz

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cb – paragraph 9a (new)

Or. en

Justification

Under the EC’s proposal, the size of the Innovation Fund will be significantly higher as compared with the Modernisation Fund, while the IF is concentrated in only several wealthy Member States: more than 50% of funding went to just five countries.

Amendment 2301

Adam Jarubas, Andrzej Halicki, Riho Terras, Ewa Kopacz, Elżbieta Katarzyna Łukacijewska, Hanna Gronkiewicz-Waltz, Bartosz Arłukowicz

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cb – paragraph 9b (new)

Or. en

Justification

Significant differences in participation and success rates across Member States may limit its ability to support cost-effective decarbonisation projects throughout the Union. Greater transparency regarding the geographical distribution of applications and awards would help identify structural barriers to participation and inform targeted capacity-building measures. Strengthening existing support tools, such as Project Development Assistance and National Contact Points, can improve access to the Fund for high-quality projects from underrepresented regions without undermining the principle that support is awarded solely on merit. This amendment therefore promotes a more balanced geographical participation while fully preserving the competitive nature of the Innovation Fund.

Amendment 2302

Alexandr Vondra

on behalf of the ECR Group

Ondřej Krutílek, Anna Zalewska, Aurelijus Veryga, Laurence Trochu, Adrian-George Axinia

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc

Or. en

Amendment 2303

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – title

Or. en

Amendment 2304

Emma Wiesner, Yvan Verougstraete, Anna Stürgkh

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – title

Or. en

Amendment 2305

Li Andersson, Jonas Sjöstedt, Per Clausen

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Justification

Waste incineration is the only sector whose surrender obligation phases in and begins only from 2031. If “emissions avoided” is read as covering only the share for which it must surrender obligations, a decarbonisation project in the waste incineration sector would not receive support from the Investment Booster phase of the IDB and only for the phased-in proportion of emissions during IDB’s phase two in 2031–2033, before full surrender obligation kicks in from 2034. That would cut support where and when it is needed most. This amendment is therefore intended to guarantee support for projects in the waste incineration sector from the IDB before its full surrender obligation kicks in.Aviation and maritime shipping sectors are currently excluded from the scope of both the Investment Booster and the Industrial Decarbonisation Bank. This would mean that these hard-to-abate sectors would not be eligible to access a substantial amount of ETS revenues needed for decarbonisation support. The amendment proposes therefore to include aviation and maritime in the scope of these two EU-level ETS funding instruments.This amendment also proposes to create the possibility to use some of the ETS revenues to finance a market intermediary to run double-sided auctions to support the production and uptake of EU-made RNFBO fuels used for aviation and shipping. This intermediary mechanism has been announced in the Commission's Sustainable Transport Investment Plan.

Amendment 2306

Andrea Wechsler, Norbert Herhammer, Verena Mertens, Sabine Verheyen, Marie-Sophie Christ, Angelika Niebler, Inese Vaidere

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Justification

The amendment extends the scope of the Industrial Decarbonisation Bank to hard-to-abate aviation and maritime transport activities covered by the EU ETS. The Commission proposal already enables the Bank to support both capital expenditure and operational expenditure, but limits that support primarily to stationary industrial installations.Aviation and maritime transport face significant investment needs, high abatement costs and persistent operating-cost differentials for low- and zero-carbon technologies and fuels. Extending access to the Industrial Decarbonisation Bank therefore ensures a more coherent and technology-open approach across ETS-covered sectors and enables support to address both the upfront investment costs and the operating-cost gap associated with the deployment of decarbonisation technologies.

Amendment 2307

Ioan-Rareş Bogdan

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Justification

It is necessary to ensures that support is allocated fairly and effectively, while recognising the different circumstances and decarbonisation efforts of industrial installations.

Amendment 2308

András Tivadar Kulja

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Amendment 2309

Letizia Moratti, Massimiliano Salini, Flavio Tosi

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Amendment 2310

Jens Gieseke, Ralf Seekatz, Sophia Kircher, Norbert Herhammer, Gheorghe Falcă, Andrea Wechsler, Borja Giménez Larraz, Isabelle Le Callennec

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Amendment 2311

Sakis Arnaoutoglou

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Justification

Renewable and low-carbon hydrogen can decarbonise industrial processes where direct electrification is not technically or economically viable. Support should cover both supply and industrial demand, while remaining linked to measurable emission reductions. Limiting eligible fuel and feedstock substitution to hydrogen-based solutions avoids creating incentives for increased waste co-incineration.

Amendment 2312

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Justification

The EU Electrification Action Plan recognises the need to provide dedicated investments for electrification wherever possible, including in the deployment of the ETS Investment Booster, the Industrial Decarbonisation Bank, the Innovation Fund, the Modernisation Fund and through a better use of Member States' national ETS revenues.

Amendment 2313

Katri Kulmuni

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Justification

Waste incineration is the only sector where surrender obligations phase in from 2031, with full obligations starting in 2034. If “emissions avoided” covers only emissions subject to surrender obligations, waste incineration projects would receive limited or no support from the Investment Booster before full coverage applies. This amendment ensures that eligible projects can receive support from the IDB during the transition period, when investment support is most needed.

Amendment 2314

Ana Vasconcelos

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1d

Or. en

Amendment 2315

Andreas Glück, Christine Singer, Jan-Christoph Oetjen, Jeannette Baljeu

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Justification

Support through the IDB should not only reach carbon removals when they occur at an Annex I installation, but also at standalone projects.

Amendment 2316

Sophie Wilmès, Olivier Chastel, Benoit Cassart, Andreas Glück, Katri Kulmuni

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Amendment 2317

Laurence Trochu

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Amendment 2318

Mohammed Chahim

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Amendment 2319

Seán Kelly

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Amendment 2320

Radan Kanev

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Amendment 2321

Wouter Beke, Liesbet Sommen, Pascal Arimont

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Justification

Industrial carbon capture projects depend on access to CO₂ transport and storage infrastructure that individual operators cannot provide on their own. Guarantee mechanisms can address this external risk and prevent viable decarbonisation projects from being delayed or abandoned.

Amendment 2322

Nicola Procaccini, Pietro Fiocchi, Michele Picaro, Sergio Berlato, Stefano Cavedagna, Paolo Inselvini, Antonella Sberna, Alexandr Vondra, Sander Smit, Alessandro Ciriani, Carlo Fidanza, Carlo Ciccioli, Giovanni Crosetto, Elena Donazzan, Alberico Gambino, Chiara Gemma, Lara Magoni, Mario Mantovani, Giuseppe Milazzo, Denis Nesci, Daniele Polato, Ruggero Razza, Marco Squarta, Francesco Torselli, Francesco Ventola, Mariateresa Vivaldini

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Justification

This amendment clarifies that the Industrial Decarbonisation Bank should support electrification through all technologies listed in Regulation (EU) 2024/1735 (Net-Zero Industry Act). This ensures coherence with the NZIA and upholds technology neutrality, so that all net-zero technologies can contribute to the decarbonisation of industrial processes.

Amendment 2323

Stefano Cavedagna, Sander Smit, Antonella Sberna, Diego Solier, Nora Junco García

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Justification

The access to financial support must be ensured to all sectors and subsectors within the EU ETS scope, particularly those predominantly composed of SMEs and small-emitter installations, such as ceramics. There must be clear earmarking of funds under the Industrial Decarbonisation Bank and Investment Booster, including dedicated calls or funding windows for specific sectors, rather than allocating funds solely on a “first-come, first-served” basis. It is necessary that the funding instruments are tailored to the needs of the various sectors as otherwise industries cannot compete for funding on a level playing field (e.g., criteria favouring magnitude of potential abatement in tonnes of CO2).

Amendment 2324

Andreas Glück, Jan-Christoph Oetjen, Jeannette Baljeu

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Justification

Meeting the 2030 eSAF targets is expected to require approximately 12 eSAF projects. Based on current estimates, supporting one eSAF project would require around 20 million allowances. To provide meaningful support for the development of a European eSAF production base, the mechanism should therefore be sufficiently scaled to support at least six European projects, corresponding to approximately 120 million allowances. The remaining production needed to meet the targets could be supported through Member States’ auction revenues or supplied through imports. An adequate volume of allowances is essential to enable projects to reach final investment decisions, scale up domestic production capacity and reduce the Union’s reliance on imported eSAF.

Amendment 2325

Adam Jarubas, Andrzej Halicki, Riho Terras, Ewa Kopacz, Elżbieta Katarzyna Łukacijewska, Hanna Gronkiewicz-Waltz, Bartosz Arłukowicz

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Justification

The geographical safeguards should be complemented by sector-specific funding conditions and a longer support horizon for projects with extended investment and operating cycles.

Amendment 2326

Niels Flemming Hansen, Wouter Beke, Ingeborg Ter Laak, Lídia Pereira, Martine Kemp, Aura Salla, Liesbet Sommen, Pascal Arimont

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Justification

The principle of technology neutrality is key to ensure level playing field and cost-efficiency in prioritization of the available finance.

Amendment 2327

Jeannette Baljeu, Andreas Glück, Anna Stürgkh

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Justification

Projects should be selected based on their impact and quality rather than simply on the speed of submission.

Amendment 2328

Thomas Bajada

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Justification

The Commission's own Recital 61 already states that combustion activities below 20 MW should benefit from IDB support, yet the operative text's 'industrial production processes' wording reads narrower than Annex I itself and leaves genuine doubt as to whether ordinary power generation qualifies. Malta's only Annex I activity is power generation, so this ambiguity has the practical effect of excluding Malta entirely from a fund stated to be available in all Member States.

Amendment 2329

Ondřej Knotek, Jana Nagyová, Antonín Staněk, Viktória Ferenc

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 1

Or. en

Amendment 2330

Mohammed Chahim

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 2

Or. en

Amendment 2331

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 12 – paragraph 3–d

Or. en

Justification

To preserve the environmental integrity of the ETS, the ETS Investment Booster should not be financed from the auctioning of allowances from the New Entrants Reserve so as not to lead to additional emissions.

Amendment 2332

Emma Wiesner, Yvan Verougstraete, Gerben-Jan Gerbrandy, Anna Stürgkh, Katri Kulmuni, Jeannette Baljeu

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 3

Or. en

Amendment 2333

Sophie Wilmès, Olivier Chastel, Benoit Cassart, Katri Kulmuni

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 3

Or. en

Amendment 2334

Jeannette Baljeu, Andreas Glück, Anna Stürgkh

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 3

Or. en

Justification

The Investment Booster should support industrial decarbonisation across the Union without reservations based on national income. Lower-income Member States already receive dedicated support through the Modernisation Fund. Projects in all Member States should have equal access to the Booster.

Amendment 2335

Andrea Wechsler, Norbert Herhammer, Verena Mertens, Sabine Verheyen, Marie-Sophie Christ, Christian Ehler

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 3

Or. en

Justification

The amendment ensures that the Industrial Decarbonisation Bank provides targeted support to sectors covered by the Carbon Border Adjustment Mechanism in proportion to their contribution to EU ETS emissions. These sectors face particularly high decarbonisation costs and continued exposure to carbon leakage, especially on export markets where CBAM does not provide protection. Reserving a proportionate share of allowances helps channel investment support towards the industrial sectors most directly affected by the transition from free allocation to CBAM. Linking the reservation to verified emissions in 2027 provides an objective and predictable allocation basis, while maintaining access to the Industrial Decarbonisation Bank for projects across all Member States.

Amendment 2336

Ondřej Knotek, Jana Nagyová, Antonín Staněk, Viktória Ferenc

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 3

Or. en

Justification

A first-come, first-served allocation mainly benefits Member States and companies that already have mature project pipelines. The share reserved for Member States with a GDP per capita below 75 % of the Union average should apply for the whole period, not only for the first 18 months. It should also be distributed as national envelopes in accordance with Annex IIb. Member States should be able to channel their envelope through the Modernisation Fund, which has a proven governance and delivery structure.

Amendment 2337

Letizia Moratti, Massimiliano Salini, Flavio Tosi

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 3

Or. en

Amendment 2338

Seán Kelly

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 3

Or. en

Amendment 2339

Anna Zalewska, Jacek Ozdoba, Jadwiga Wiśniewska, Daniel Obajtek, Beata Szydło, Rihards Kols, Patryk Jaki

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 3

Or. en

Justification

The reduction to 60M of the share of allowances ring-fenced for lower-income Member States after only 18 months is not sufficiently justified and risks undermining the objective of ensuring their effective access to support.

Amendment 2340

Danuše Nerudová

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 3

Or. en

Amendment 2341

Adam Jarubas, Andrzej Halicki, Riho Terras, Ewa Kopacz, Elżbieta Katarzyna Łukacijewska, Hanna Gronkiewicz-Waltz, Bartosz Arłukowicz

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 3

Or. en

Amendment 2342

Alexandr Vondra

on behalf of the ECR Group

Ondřej Krutílek, Anna Zalewska, Aurelijus Veryga, Laurence Trochu, Adrian-George Axinia

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1 – subparagraph 3

Or. en

Justification

Low-income Member States are historically those equipped with economy based on fossil fuels that use to be significantly cheaper than green technologies. The same is true for Member States with high industrial base and sectors ie. heavy industries may have lower greening potential then more sophisticated industries. Furthermore, the sector-specific approach contributes to fair competition by taking into account individual technological/greening possibilities and potential which are often incomparable between industrial sectors.

Amendment 2343

Jessica Polfjärd

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc - paragraph 1 – subparagraph 3a (new)

Or. en

Justification

SMEs often struggle to access large-scale funding for decarbonisation because they have fewer resources and less capacity to manage complex application processes. Without measures to ensure fair access, the Industrial Decarbonisation Bank may mainly benefit larger companies with more financial and technical resources.

Amendment 2344

Wouter Beke, Liesbet Sommen, Pascal Arimont

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1a (new)

Or. en

Justification

CCS infrastructure is essential for the decarbonisation of several hard-to-abate sectors. Integrated CO₂ transport and storage networks can serve multiple operators and enable emissions reductions across industrial clusters. As these wider benefits may not be fully reflected in the assessment of individual projects, a dedicated share of funding under the Industrial Decarbonisation Bank should be reserved for the coordinated development of the CO₂ value chain.

Amendment 2345

Sander Smit

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1a (new)

Or. en

Justification

Small and medium-sized enterprises covered by the EU ETS face disproportionate barriers in accessing large-scale financing instruments, including the administrative capacity required to prepare applications and guarantees. Without an explicit provision on equitable access, the Industrial Decarbonisation Bank is likely to benefit mainly larger operators. The provision requires the Commission to take the capacity and constraints of smaller operators into account in the design of its procedures.

Amendment 2346

Sophie Wilmès, Olivier Chastel, Benoit Cassart

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1a (new)

Or. en

Amendment 2347

Katri Kulmuni, Jeannette Baljeu

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1a (new)

Or. en

Justification

The Industrial Decarbonisation Bank should direct limited ETS resources towards high-quality projects that deliver emission reductions and strengthen European competitiveness. Open competition and technology-neutral criteria should identify effective projects and mobilise private investment. Award criteria should account for different starting points, ensuring first movers can compete for further decarbonisation despite lower remaining abatement potential. Geographical considerations should not override project quality.

Amendment 2348

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1a (new)

Or. en

Amendment 2349

Adam Jarubas, Andrzej Halicki, Riho Terras, Ewa Kopacz, Elżbieta Katarzyna Łukacijewska, Hanna Gronkiewicz-Waltz, Bartosz Arłukowicz

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1a (new)

Or. en

Justification

Investment Booster should explicitly support the energy sector, including electricity distribution and generation assets enabling the transition, district heating, storage, flexibility, grid connection, grid reinforcement and distribution network investments necessary to supply clean and affordable electricity to industry in low-income Member States beneficiaries of the Modernisation Fund. Especially grid distribution projects fall well under the first-come, first serve basis.

Amendment 2350

Michalis Hadjipantela

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 1a (new)

Or. en

Amendment 2351

Emma Wiesner, Yvan Verougstraete, Gerben-Jan Gerbrandy, Anna Stürgkh, Katri Kulmuni, Jeannette Baljeu

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 2 – subparagraph 1

Or. en

Amendment 2352

Seán Kelly

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 2 – subparagraph 1

Or. en

Amendment 2353

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 2 – subparagraph 1

Or. en

Justification

Any remaining allowances from the Investment Booster not used by the end of 2030 should be used for the second phase of the Industrial Electrification and Decarbonisation Bank.

Amendment 2354

Jeannette Baljeu, Andreas Glück, Anna Stürgkh

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 2 – subparagraph 1

Or. en

Justification

Consequential amendment to the deletion of the Investment Booster reservation for lower-income Member States. All unused Booster allowances should remain available for industrial decarbonisation under the second phase of the Industrial Decarbonisation Bank.

Amendment 2355

Adam Jarubas, Andrzej Halicki, Riho Terras, Ewa Kopacz, Elżbieta Katarzyna Łukacijewska, Hanna Gronkiewicz-Waltz, Bartosz Arłukowicz

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 2 – subparagraph 1

Or. en

Amendment 2356

Ondřej Knotek, Jana Nagyová, Antonín Staněk, Viktória Ferenc

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 2 – subparagraph 1

Or. en

Amendment 2357

Alexandr Vondra

on behalf of the ECR Group

Ondřej Krutílek, Anna Zalewska, Aurelijus Veryga, Laurence Trochu, Adrian-George Axinia

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 2 – subparagraph 1

Or. en

(Annex IIb)

Amendment 2358

Anna Zalewska, Jacek Ozdoba, Jadwiga Wiśniewska, Daniel Obajtek, Beata Szydło, Rihards Kols, Patryk Jaki

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 2 – subparagraph 1

Or. en

Justification

The reduction to 60M of the share of allowances ring-fenced for lower-income Member States after only 18 months is not sufficiently justified and risks undermining the objective of ensuring their effective access to support.

Amendment 2359

Ondřej Knotek, Jana Nagyová, Antonín Staněk, Viktória Ferenc

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 2 – subparagraph 2

Or. en

Amendment 2360

Anna Zalewska, Jacek Ozdoba, Jadwiga Wiśniewska, Daniel Obajtek, Beata Szydło, Rihards Kols, Patryk Jaki

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 2 – subparagraph 2

Or. en

Amendment 2361

Alexandr Vondra

on behalf of the ECR Group

Ondřej Krutílek, Anna Zalewska, Aurelijus Veryga, Laurence Trochu, Adrian-George Axinia

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 2 – subparagraph 2

Or. en

Justification

Given the financial costs and complexity of industrial decarbonization, it is highly unlikely that the share of industrial emissions attributable to low-income countries will decline significantly by 2030. It is therefore essential to increase the available funding and extend the implementation timeline for those Member States

Amendment 2362

Adam Jarubas, Andrzej Halicki, Riho Terras, Ewa Kopacz, Elżbieta Katarzyna Łukacijewska, Hanna Gronkiewicz-Waltz, Bartosz Arłukowicz

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 2 – subparagraph 2

Or. en

Amendment 2363

Li Andersson, Jonas Sjöstedt

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 2 – subparagraph 2

Or. en

Justification

Reference to e-fuels funding pool to be created in new article

Amendment 2364

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 2 – subparagraph 2

Or. en

Amendment 2365

Jens Gieseke, Ralf Seekatz, Sophia Kircher, Norbert Herhammer, Gheorghe Falcă, Andrea Wechsler, Borja Giménez Larraz, Isabelle Le Callennec

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 2 – subparagraph 2

Or. en

Amendment 2366

Ondřej Knotek, Jana Nagyová, Antonín Staněk, Roman Haider, Viktória Ferenc

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 2 – subparagraph 3

Or. en

Justification

The geographical balance should also apply in the second phase of the Industrial Decarbonisation Bank, through a reserved envelope of 100 million allowances for Member States with a GDP per capita below 75 % of the Union average. An earlier start of the second phase should not be financed by reducing the allowances auctioned by Member States.

Amendment 2367

Alexandr Vondra

on behalf of the ECR Group

Ondřej Krutílek, Anna Zalewska, Aurelijus Veryga, Laurence Trochu, Adrian-George Axinia

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 2 – subparagraph 3

Or. en

Justification

The geographical balance should also apply in the second phase of the Industrial Decarbonisation Bank, through a reserved envelope of 100 million allowances for Member States with a GDP per capita below 75 % of the Union average. An earlier start of the second phase should not be financed by reducing the allowances auctioned by Member States

Amendment 2368

Anna Zalewska, Jacek Ozdoba, Jadwiga Wiśniewska, Daniel Obajtek, Beata Szydło, Rihards Kols, Patryk Jaki, Marion Maréchal

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 2 – subparagraph 3

Or. en

Justification

Member States should retain a sufficiently large share of ETS allowances for auctioning in order to preserve national fiscal capacity to finance decarbonisation, energy infrastructure, industrial investment and measures addressing the social and economic impacts of the transition. Further reductions in national auctioning volumes in order to finance additional EU-level programmes risk limiting the ability of Member States to respond to their different investment needs and national circumstances.

Amendment 2369

Peter Liese, Lídia Pereira, Seán Kelly, Liesbet Sommen, Wouter Beke, Pascal Arimont, Martine Kemp

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 2a (new)

Or. en

Justification

Applying to funding instruments can require a vast amount of time and financial resources. Small and medium-sized companies might not have the same resources at their disposal as their larger counterparts. The Commission should thus take this special situation into account when managing the IDB.

Amendment 2370

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 3

Or. en

Amendment 2371

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 4

Or. en

Amendment 2372

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 5

Or. en

Amendment 2373

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 5a (new)

Or. en

Justification

The European Court of Auditors found that, of €12.3 billion awarded under the Innovation Fund by mid-2025, only €331.8 million (2.7%) had been paid out, and around one in five selected projects never reached the ground. Annual reporting on how projects progress from award to operation, and on the barriers identified along the way, would help ensure a smooth delivery of the Industrial Electrification and Decarbonisation Bank.

Amendment 2374

Mohammed Chahim

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 5a (new)

Or. en

Amendment 2375

Matteo Ricci

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 5a (new)

Or. en

Amendment 2376

Seán Kelly

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 6

Or. en

Amendment 2377

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 6

Or. en

Amendment 2378

Jeannette Baljeu

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 6a (new)

Or. en

Justification

Creates a demand-side window within the IDB to make lower-emission chemicals, which aren’t protected by CBAM, commercially viable. Competitive support follows actual purchases and verified deliveries, supporting European production while limiting aid to the remaining price premium.

Amendment 2379

Wouter Beke, Liesbet Sommen, Pascal Arimont

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 6a (new)

Or. en

Justification

CO₂ transport or storage infrastructure may become temporarily unavailable because of a failure affecting the wider CCS system, without any company in the value chain being responsible. An emitter may then be forced to release CO₂ and pay for ETS allowances, while still paying for its capture equipment and transport or storage contracts. The guarantee mechanism would address this double cost burden where the disruption cannot be attributed to a specific party.

Amendment 2380

Letizia Moratti, Massimiliano Salini, Flavio Tosi

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 6a (new)

Or. en

Amendment 2381

Letizia Moratti, Massimiliano Salini, Flavio Tosi

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 6b (new)

Or. en

Amendment 2382

Jeannette Baljeu

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 6b (new)

Or. en

Justification

A limited guarantee can unlock capture investments exposed to transport and storage failures outside the operator’s control. The reserve covers additional ETS costs, including commissioning delays, while retaining surrender obligations and preventing double compensation. This provides regulatory certainty for first movers taking final investment decisions before the emergence of a liquid, interconnected and competitive CO₂ transport and storage market offering alternative routing options. Advance agreements provide certainty before investment.

Amendment 2383

Jeannette Baljeu

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 6c (new)

Or. en

Justification

Avoids rewarding delayed investment. Projects already under construction or operating can compete for support for future production, subject to a demonstrated funding gap and verified reductions. Completed milestones do not trigger unnecessary bonds, and historical expenditure is not reimbursed.

Amendment 2384

Jeannette Baljeu

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cc – paragraph 6d (new)

Or. en

Amendment 2385

Wouter Beke, Liesbet Sommen, Pascal Arimont

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 1

Or. en

Amendment 2386

Li Andersson, Jonas Sjöstedt

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 1

Or. en

Justification

Include aviation and shipping into the scope of the investment booster, reference to e-fuels funding pool to be created and market intermediary in new article.

Amendment 2387

Jeannette Baljeu, Andreas Glück, Anna Stürgkh

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 1

Or. en

Justification

Projects should compete on their climate contribution, technical merit and use of public resources, rather than on the speed of providing a bond. Common deadlines and transparent rankings preserve predictable access and recognise the needs of deeper industrial transformation.

Amendment 2388

Andreas Glück, Christine Singer, Jan-Christoph Oetjen, Jeannette Baljeu

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 1

Or. en

Amendment 2389

Alexandr Vondra

on behalf of the ECR Group

Ondřej Krutílek, Anna Zalewska, Aurelijus Veryga, Laurence Trochu, Adrian-George Axinia

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 1

Or. en

Justification

This is consistent with the amendment to Article 10cc(1). Where a Member State uses its envelope through the Modernization Fund, the Commission's direct allocation does not apply to that envelope. Allocation in chronological order of submission favors applicants with ready projects and does not ensure balanced access across the Union, so it should be deleted.

Amendment 2390

Ondřej Knotek, Jana Nagyová, Antonín Staněk, Viktória Ferenc

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 1

Or. en

Justification

This is consistent with the amendment to Article 10cc(1). Where a Member State uses its envelope through the Modernisation Fund, the Commission's direct allocation does not apply to that envelope. Allocation in chronological order of submission favours applicants with ready projects and does not ensure balanced access across the Union, so it should be deleted.

Amendment 2391

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 1

Or. en

Justification

It should be clarified that the eligibility criteria of the Industrial Electrification and Decarbonisation Bank also apply to the Investment Booster.

Amendment 2392

Jessica Polfjärd

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 1

Or. en

Justification

Ensuring a level playing field between early movers and those delaying decarbonisation investments is essential, without penalising businesses that have already reached Final Investment Decision, construction, or production. The Industrial Decarbonisation Bank is defined in proposed Article 10cc(1), covering emission reductions from installations carrying out or substituting industrial production processes listed in Annex I. The ETS Investment Booster constitutes the first phase of this instrument and operates within the scope of Article 10cc(1).

Amendment 2393

Emma Wiesner, Yvan Verougstraete, Gerben-Jan Gerbrandy, Anna Stürgkh, Katri Kulmuni, Jeannette Baljeu

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 1

Or. en

Amendment 2394

Jens Gieseke, Ralf Seekatz, Sophia Kircher, Norbert Herhammer, Gheorghe Falcă, Andrea Wechsler, Borja Giménez Larraz, Angelika Niebler

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 1a (new)

Or. en

Amendment 2395

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 1a (new)

Or. en

Amendment 2396

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 2

Or. en

Amendment 2397

Mohammed Chahim

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 2

Or. en

Amendment 2398

Heléne Fritzon, Tiemo Wölken

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 2

Or. en

Amendment 2399

Jessica Polfjärd

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 2

Or. en

Justification

Ensuring a level playing field between early movers and those delaying decarbonisation investments is essential to avoid penalising businesses that have already reached Final Investment Decision, construction, or production.

Amendment 2400

Thomas Bajada

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 2

Or. en

Justification

The Investment Booster operates on a first-come, first-served basis and requires a completion bond. This may disadvantage smaller island projects, which often face greater difficulty in securing such guarantees and cannot compete on speed with larger continental projects. Proportionate bond requirements, a dedicated small-project window and targeted technical assistance would make the Booster workable for island Member States such as Malta, while preserving safeguards for sound project delivery.

Amendment 2401

Adam Jarubas, Andrzej Halicki, Riho Terras, Ewa Kopacz, Elżbieta Katarzyna Łukacijewska, Hanna Gronkiewicz-Waltz, Bartosz Arłukowicz

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 2

Or. en

Amendment 2402

Li Andersson, Jonas Sjöstedt

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 2

Or. en

Amendment 2403

Li Andersson, Jonas Sjöstedt, Per Clausen

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 2

Or. en

Amendment 2404

Wouter Beke, Liesbet Sommen, Pascal Arimont

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 2

Or. en

Justification

The Terms and Conditions should take account of the benefits a project may generate for the wider industrial cluster and value chain, beyond the emission reductions achieved by the project itself.

Amendment 2405

Alexandr Vondra

on behalf of the ECR Group

Ondřej Krutílek, Anna Zalewska, Aurelijus Veryga, Laurence Trochu, Adrian-George Axinia

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 2

Or. en

Justification

The Investment Booster is financed from allowances that would otherwise be auctioned by Member States. Member States should therefore be consulted on the Terms and Conditions, including the premium rate and the eligibility criteria.

Amendment 2406

Sirpa Pietikäinen

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 2a (new)

Or. en

Amendment 2407

Jessica Polfjärd

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 3

Or. en

Justification

Completion bonds should be flexible to reflect different project development stages, while a minimum bond should remain mandatory to ensure a clear threshold for applicants.

Amendment 2408

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 3d

Or. en

Amendment 2409

Ondřej Knotek, Jana Nagyová, Antonín Staněk, Viktória Ferenc

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 3

Or. en

Amendment 2410

Alexandr Vondra

on behalf of the ECR Group

Ondřej Krutílek, Anna Zalewska, Aurelijus Veryga, Laurence Trochu, Adrian-George Axinia

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 3

Or. en

Justification

Holding half of the completion bond until operations start would tie up project capital for several years and raise financing costs, especially for smaller companies. Starting physical construction is sufficient proof of a project's seriousness, so the full bond should be released at that point. If a project fails to start operations, only the proportion of the bond still outstanding should be called.

Amendment 2411

Radan Kanev

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 4

Or. en

Amendment 2412

Kristian Vigenin

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2008/98/EC

Article 10cd – paragraph 4

Or. en

Amendment 2413

Ioan-Rareş Bogdan

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 4

Or. en

Justification

It would be disproportionate to allow for a call of a bond for circumstances which are outside the control of the operator.

Amendment 2414

Virgil-Daniel Popescu, Daniel Buda, Dan-Ştefan Motreanu, Iuliu Winkler, Gheorghe Falcă, Siegfried Mureşan

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 4

Or. en

Amendment 2415

Heléne Fritzon, Tiemo Wölken

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 4

Or. en

Amendment 2416

Silvia Sardone, Mathilde Androuët, Marie-Luce Brasier-Clain, Susanna Ceccardi, Barbara Bonte

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 4

Or. en

Amendment 2417

Dimitris Tsiodras

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 4

Or. en

Justification

The rigid 30-month window to initiate physical construction, paired with the exclusion of permitting and engineering phases from that definition, poses an extreme risk. Large-scale CCUS infrastructure in the hard to abate sectors requires extensive environmental impact assessments, public consultations, and cross-border regulatory approvals that frequently breach the 30-month threshold due to public administrative backlogs.

Amendment 2418

Virgil-Daniel Popescu, Daniel Buda, Dan-Ştefan Motreanu, Iuliu Winkler, Gheorghe Falcă, Siegfried Mureşan

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 4

Or. en

Justification

The rigid 30-month window to initiate physical construction, paired with the exclusion of permitting and engineering phases from that definition, poses an extreme risk. Large-scale CCUS infrastructure in the hard to abate sectors requires extensive environmental impact assessments, public consultations, and cross-border regulatory approvals that frequently breach the 30-month threshold due to public administrative backlogs.

Amendment 2419

Andrea Wechsler, Norbert Herhammer, Verena Mertens, Sabine Verheyen, Marie-Sophie Christ, Angelika Niebler

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 4

Or. en

Justification

The amendment prevents projects from losing support solely because implementation is delayed by circumstances outside the beneficiary’s reasonable control. Large-scale decarbonisation projects frequently depend on permitting procedures and on the timely availability of external electricity, hydrogen or CO2 transport and storage infrastructure.Where such dependencies delay the start of construction despite reasonable efforts by the beneficiary, automatically calling the completion bond and revoking support would penalise otherwise viable projects for factors beyond their control. A proportionate extension of the implementation period preserves project discipline while avoiding unnecessary cancellation of strategically relevant decarbonisation investments.

Amendment 2420

Wouter Beke, Liesbet Sommen, Pascal Arimont

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 4

Or. en

Amendment 2421

Adam Jarubas, Andrzej Halicki, Riho Terras, Ewa Kopacz, Elżbieta Katarzyna Łukacijewska, Hanna Gronkiewicz-Waltz, Bartosz Arłukowicz

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 4

Or. en

Amendment 2422

Mohammed Chahim

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 4

Or. en

Amendment 2423

Jessica Polfjärd

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 4

Or. en

Justification

Clarifying that this provision applies exclusively to projects that have not yet commenced construction.

Amendment 2424

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 4

Or. en

Amendment 2425

Ondřej Knotek, Jana Nagyová, Antonín Staněk, Viktória Ferenc

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 4

Or. en

Amendment 2426

Alexandr Vondra

on behalf of the ECR Group

Ondřej Krutílek, Anna Zalewska, Aurelijus Veryga, Laurence Trochu, Adrian-George Axinia

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 4

Or. en

Justification

Holding half of the completion bond until operations start would tie up project capital for several years and raise financing costs, especially for smaller companies. Starting physical construction is sufficient proof of a project's seriousness, so the full bond should be released at that point. If a project fails to start operations, only the proportion of the bond still outstanding should be called.

Amendment 2427

Radan Kanev

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 5

Or. en

Amendment 2428

Ioan-Rareş Bogdan

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 5

Or. en

Justification

It would be disproportionate to allow for a call of a bond for circumstances which are outside the control of the operator.

Amendment 2429

Silvia Sardone, Mathilde Androuët, Marie-Luce Brasier-Clain, Susanna Ceccardi

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 5

Or. en

Amendment 2430

Dimitris Tsiodras

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 5

Or. en

Justification

It would be disproportionate to allow for a call of a bond for circumstances which are outside the control of the operator.

Amendment 2431

Virgil-Daniel Popescu, Daniel Buda, Dan-Ştefan Motreanu, Iuliu Winkler, Gheorghe Falcă, Siegfried Mureşan

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 5

Or. en

Amendment 2432

Alexandr Vondra

on behalf of the ECR Group

Ondřej Krutílek, Anna Zalewska, Aurelijus Veryga, Laurence Trochu, Adrian-George Axinia

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 5

Or. en

Justification

Holding half of the completion bond until operations start would tie up project capital for several years and raise financing costs, especially for smaller companies. Starting physical construction is sufficient proof of a project's seriousness, so the full bond should be released at that point. If a project fails to start operations, only the proportion of the bond still outstanding should be called

Amendment 2433

Ondřej Knotek, Jana Nagyová, Antonín Staněk, Viktória Ferenc

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 5

Or. en

Justification

Holding half of the completion bond until operations start would tie up project capital for several years and raise financing costs, especially for smaller companies. Starting physical construction is sufficient proof of a project's seriousness, so the full bond should be released at that point. If a project fails to start operations, only the proportion of the bond still outstanding should be called.

Amendment 2434

Emma Wiesner, Yvan Verougstraete, Sigrid Friis, Gerben-Jan Gerbrandy, Anna Stürgkh, Jeannette Baljeu

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 5

Or. en

Amendment 2435

Jessica Polfjärd

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 5

Or. en

Justification

Clarifying that first movers and frontrunners should not be disadvantaged. Frontloading support is essential to enable investment and reduce capital costs at the stage when financing needs are highest

Amendment 2436

Mohammed Chahim

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 5

Or. en

Amendment 2437

Adam Jarubas, Andrzej Halicki, Riho Terras, Ewa Kopacz, Elżbieta Katarzyna Łukacijewska, Hanna Gronkiewicz-Waltz, Bartosz Arłukowicz

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 5

Or. en

Justification

A longer support horizon for projects with extended investment and operating cycles should be provided.

Amendment 2438

Pascal Canfin

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 5a (new)

Or. en

Amendment 2439

Thomas Bajada

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 6

Or. en

Justification

The existing text makes technical assistance discretionary and provides no mechanism addressing the two specific barriers Island Member States face. The fact that projects too small to compete favourably, and perceived country risk. This amendment makes assistance mandatory where participation is low and adds a dedicated small-project window and de-risking instruments.

Amendment 2440

Jessica Polfjärd

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 6

Or. en

Justification

Frontloading support is necessary to enable investment and reduce capital costs when financing needs are highest. To avoid disadvantaging businesses that have already invested and reached or are close to production, the Booster should minimise market distortions and avoid impacting market prices for relevant products.

Amendment 2441

Katri Kulmuni, Jeannette Baljeu

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 6

Or. en

Justification

Article 10cb(5) allows projects receiving Union funding from another programme to also receive Innovation Fund support, subject to a ceiling at total eligible costs. No equivalent rule applies to the Investment Booster, leaving other public support to Commission discretion. This amendment extends the same approach to the Investment Booster, while the eligible-cost ceiling prevents double funding and supports first-mover decarbonisation projects that rely on multiple instruments.

Amendment 2442

Michalis Hadjipantela

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 6

Or. en

Amendment 2443

Heléne Fritzon, Tiemo Wölken

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 6

Or. en

Amendment 2444

Emma Wiesner, Yvan Verougstraete, Anna Stürgkh, Katri Kulmuni

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 6

Or. en

Amendment 2445

Ondřej Knotek, Jana Nagyová, Antonín Staněk, Viktória Ferenc

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 7

Or. en

Amendment 2446

Alexandr Vondra

on behalf of the ECR Group

Ondřej Krutílek, Anna Zalewska, Aurelijus Veryga, Laurence Trochu, Adrian-George Axinia

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 7

Or. en

Justification

Furthermore, the sector-specific (NACE) approach contributes to fair competition by taking into account individual technological/greening possibilities and potential which are often incomparable between industrial sectors.

Amendment 2447

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 7

Or. en

Amendment 2448

Michalis Hadjipantela

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 7a (new)

Or. en

Amendment 2449

Michalis Hadjipantela

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cd – paragraph 7b (new)

Or. en

Amendment 2450

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – title

Or. en

Amendment 2451

Emma Wiesner, Yvan Verougstraete, Anna Stürgkh

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – title

Or. en

Amendment 2452

Adam Jarubas, Andrzej Halicki, Riho Terras, Ewa Kopacz, Elżbieta Katarzyna Łukacijewska, Hanna Gronkiewicz-Waltz, Bartosz Arłukowicz

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 1

Or. en

Amendment 2453

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 1

Or. en

Amendment 2454

Alexander Bernhuber, Angelika Winzig

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 1

Or. en

Justification

The establishment of an instrument to support industrial transformation is important, and the focus on Carbon Contracts for Difference is the right one. Experience with the Innovation Fund shows, however, that access is difficult for undertakings that are not among the largest players.

Amendment 2455

Seán Kelly

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 1

Or. en

Amendment 2456

Jessica Polfjärd

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 1

Or. en

Justification

Bankability and derisking require investment certainty well ahead of first disbursement. Opening CCfD applications and the first competitive bidding round in 2028 would enable projects to secure financing based on a contracted strike price, while support remains tied to allowances reserved for 2031–2040. To avoid disadvantaging projects already under construction or in production, they should also be eligible for IDB Phase 2 support. Awards should prioritise the highest CO₂ abatement per euro of Union support to maximise emission reductions.

Amendment 2457

Ondřej Knotek, Jana Nagyová, Antonín Staněk, Viktória Ferenc

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 1

Or. en

Justification

This is consistent with the amendments to Article 10cc. It ensures that projects in Member States with a GDP per capita below 75 % of the Union average have guaranteed access to support in the second phase of the Industrial Decarbonisation Bank.

Amendment 2458

Li Andersson, Jonas Sjöstedt

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 1

Or. en

Justification

Include aviation and shipping into the scope of the Industrial Decarbonisation Bank. Add a reference to e-fuels funding pool that is to be created and a market intermediary in new article.

Amendment 2459

Anna Zalewska, Jacek Ozdoba, Jadwiga Wiśniewska, Daniel Obajtek, Beata Szydło, Rihards Kols, Patryk Jaki

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 1

Or. en

Amendment 2460

Mohammed Chahim

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 1

Or. en

Amendment 2461

Sophie Wilmès, Olivier Chastel, Benoit Cassart, Andreas Glück, Katri Kulmuni

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 1

Or. en

Amendment 2462

Laurence Trochu

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 1

Or. en

Amendment 2463

Andreas Glück, Christine Singer, Jan-Christoph Oetjen, Jeannette Baljeu

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 1

Or. en

Amendment 2464

Jens Gieseke, Ralf Seekatz, Sophia Kircher, Norbert Herhammer, Gheorghe Falcă, Andrea Wechsler, Borja Giménez Larraz, Isabelle Le Callennec

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 1

Or. en

Amendment 2465

Michalis Hadjipantela

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 1a (new)

Or. en

Amendment 2466

Jens Gieseke, Ralf Seekatz, Sophia Kircher, Norbert Herhammer, Gheorghe Falcă, Andrea Wechsler, Angelika Niebler

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 1a (new)

Or. en

Amendment 2467

Adam Jarubas, Andrzej Halicki, Riho Terras, Ewa Kopacz, Elżbieta Katarzyna Łukacijewska, Hanna Gronkiewicz-Waltz, Bartosz Arłukowicz

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 1a (new)

Or. en

Amendment 2468

Alexandr Vondra

on behalf of the ECR Group

Ondřej Krutílek, Anna Zalewska, Aurelijus Veryga, Laurence Trochu, Adrian-George Axinia

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 1a (new)

Or. en

Justification

This is consistent with the amendments to Article 10cc. It ensures that projects in Member States with a GDP per capita below 75 % of the Union average have guaranteed access to support in the second phase of the Industrial Decarbonisation Bank.

Amendment 2469

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 1a (new)

Or. en

Amendment 2470

Sirpa Pietikäinen

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 2

Or. en

Amendment 2471

Jessica Polfjärd

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 2

Or. en

Justification

Bankability and derisking require investment certainty well ahead of first disbursement. Opening CCfD applications and the first competitive bidding round in 2028 would enable projects to secure financing based on a contracted strike price, while support remains tied to allowances reserved for 2031–2040. To avoid disadvantaging projects already under construction or in production, they should also be eligible for IDB Phase 2 support. Awards should prioritise the highest CO₂ abatement per euro of Union support to maximise emission reductions.

Amendment 2472

Anna Zalewska, Jacek Ozdoba, Jadwiga Wiśniewska, Daniel Obajtek, Beata Szydło, Rihards Kols, Patryk Jaki, Marion Maréchal

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 2

Or. en

Amendment 2473

Andrea Wechsler, Norbert Herhammer, Verena Mertens, Sabine Verheyen, Marie-Sophie Christ, Christian Ehler, Angelika Niebler

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 2

Or. en

Justification

The amendment strengthens the design of competitive bidding by making cost-effectiveness the principal criterion for ranking eligible projects. Assessing bids primarily on the basis of greenhouse-gas emissions avoided or removed per euro of support ensures that limited ETS revenues deliver the greatest possible climate impact and improves the efficiency of Union funding.Additional criteria may still reflect relevant technological, industrial or implementation considerations, but should not displace cost-effectiveness as the main ranking factor. This increases transparency, comparability and value for money while preserving sufficient flexibility in the design of individual calls.

Amendment 2474

Alexandr Vondra

on behalf of the ECR Group

Ondřej Krutílek, Anna Zalewska, Aurelijus Veryga, Laurence Trochu, Adrian-George Axinia

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 2

Or. en

Justification

Low-income Member States are historically those equipped with economy based on fossil fuels that use to be significantly cheaper than green technologies. The same is true for sectors ie. heavy industries may have lower greening potential then more sophisticated industries. Furthermore, the sector-specific approach contributes to fair competition while taking into account individual technological/greening possibilities and potential which are often incomparable between industrial sectors. The competitive bidding for “all” would provide unequal opportunities

Amendment 2475

Ondřej Knotek, Jana Nagyová, Antonín Staněk, Viktória Ferenc

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 2

Or. en

Amendment 2476

Adam Jarubas, Andrzej Halicki, Riho Terras, Ewa Kopacz, Elżbieta Katarzyna Łukacijewska, Hanna Gronkiewicz-Waltz, Bartosz Arłukowicz

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 2

Or. en

Justification

The geographical safeguards should be complemented by sector-specific funding conditions and a longer support horizon for projects with extended investment and operating cycles.

Amendment 2477

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 2

Or. en

Amendment 2478

Mohammed Chahim

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 2

Or. en

Amendment 2479

Andreas Glück, Christine Singer, Jan-Christoph Oetjen, Jeannette Baljeu

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 3

Or. en

Justification

Carbon removals cannot always satisfy a verified emission reduction. Therefore, it has to be clarified, that carbon removals also qualify for phase 2 of the IDB.

Amendment 2480

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 3

Or. en

Amendment 2481

Jens Gieseke, Ralf Seekatz, Sophia Kircher, Norbert Herhammer, Gheorghe Falcă, Andrea Wechsler, Borja Giménez Larraz, Isabelle Le Callennec

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 3

Or. en

Amendment 2482

Adam Jarubas, Andrzej Halicki, Riho Terras, Ewa Kopacz, Elżbieta Katarzyna Łukacijewska, Hanna Gronkiewicz-Waltz, Bartosz Arłukowicz

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 3

Or. en

Justification

A longer support horizon for projects with extended investment and operating cycles should be provided.

Amendment 2483

Dimitris Tsiodras

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 3

Or. en

Justification

Industrial decarbonisation projects are capital-intensive, have long operational lifetimes and require sufficient revenue visibility to reach final investment decisions and secure financing. For projects involving [low-carbon hydrogen, electrification or carbon capture, transport and storage], a maximum CCfD duration of 10 years may be insufficient to recover additional investment and operating costs and mitigate long-term carbon price uncertainty.Extending the maximum duration to 20 years would improve project bankability and investment certainty, while allowing the Commission to set shorter durations where appropriate. Payments would remain conditional on verified emission reductions, and the possibility to recover excess support would continue to ensure cost-efficiency.

Amendment 2484

Laurence Trochu

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 3

Or. en

Amendment 2485

Ioan-Rareş Bogdan

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 4

Or. en

Justification

It would be disproportionate to allow for a call of a bond for circumstances which are outside the control of the operator.

Amendment 2486

Silvia Sardone, Mathilde Androuët, Marie-Luce Brasier-Clain, Susanna Ceccardi

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 4

Or. en

Amendment 2487

Dimitris Tsiodras

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 4

Or. en

Justification

It would be disproportionate to allow for a call of a bond for circumstances which are outside the control of the operator.

Amendment 2488

Virgil-Daniel Popescu, Daniel Buda, Dan-Ştefan Motreanu, Iuliu Winkler, Gheorghe Falcă, Siegfried Mureşan

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 4

Or. en

Amendment 2489

Ondřej Knotek, Jana Nagyová, Antonín Staněk, Viktória Ferenc

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 4

Or. en

Justification

Amounts forfeited under the competitive bidding procedure should be used to prevent the uniform adjustment of free allocation under Article 10a(5) and thereby support industry exposed to carbon leakage.

Amendment 2490

Alexandr Vondra

on behalf of the ECR Group

Ondřej Krutílek, Anna Zalewska, Aurelijus Veryga, Laurence Trochu, Adrian-George Axinia

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 4

Or. en

Justification

Amounts forfeited under the competitive bidding procedure should be used to prevent the uniform adjustment of free allocation under Article 10a(5) and thereby support industry exposed to carbon leakage.

Amendment 2491

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 4

Or. en

Amendment 2492

Ioan-Rareş Bogdan

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 5

Or. en

Justification

It would be disproportionate to allow for a call of a bond for circumstances which are outside the control of the operator.

Amendment 2493

Silvia Sardone, Mathilde Androuët, Marie-Luce Brasier-Clain, Susanna Ceccardi

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 5

Or. en

Amendment 2494

Virgil-Daniel Popescu, Daniel Buda, Dan-Ştefan Motreanu, Iuliu Winkler, Gheorghe Falcă, Siegfried Mureşan

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 5

Or. en

Amendment 2495

Dimitris Tsiodras

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 5

Or. en

Justification

It would be disproportionate to allow for a call of a bond for circumstances which are outside the control of the operator.

Amendment 2496

Andrea Wechsler, Norbert Herhammer, Verena Mertens, Sabine Verheyen, Marie-Sophie Christ, Angelika Niebler

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 5

Or. en

Justification

The amendment introduces proportionate flexibility for projects supported under the second phase of the Industrial Decarbonisation Bank where the start of physical construction is delayed by circumstances outside the beneficiary’s reasonable control. Large-scale decarbonisation projects often depend on permitting procedures and on the timely availability of external infrastructure, including electricity grid connections, hydrogen infrastructure and CO2 transport and storage networks.Automatically calling the completion bond and revoking support in such cases could penalise otherwise viable projects for delays that are not attributable to the beneficiary and could lead to the cancellation of strategically important decarbonisation investments. Allowing a proportionate extension of the applicable construction period, subject to continued project viability and reasonable mitigation efforts by the beneficiary, preserves implementation discipline while improving investment certainty and the effectiveness of the support mechanism.

Amendment 2497

Emma Wiesner, Yvan Verougstraete, Martin Hojsík, Anna Stürgkh

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 5

Or. en

Amendment 2498

Jessica Polfjärd

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 5

Or. en

Justification

Bankability and derisking require investment certainty well ahead of first disbursement. Opening CCfD applications and the first competitive bidding round in 2028 would enable projects to secure financing based on a contracted strike price, while support remains tied to allowances reserved for 2031–2040. To avoid disadvantaging projects already under construction or in production, they should also be eligible for IDB Phase 2 support. Awards should prioritise the highest CO₂ abatement per euro of Union support to maximise emission reductions.

Amendment 2499

Tiemo Wölken, Heléne Fritzon

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 7

Or. en

Amendment 2500

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 7

Or. en

Amendment 2501

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 7a (new)

Or. en

Justification

The IEDB’s payment obligations will rise precisely when the carbon price, and therefore its own revenues, will fall. Without a hedging strategy, the liability cap in this paragraph may force over-conservative provisioning and reduce the number of contracts that can be signed. Front-loading through the European Investment Bank or national promotional banks, together with a treasury function, gives counterparties the five-to-ten-year certainty that financial close requires.

Amendment 2502

Mohammed Chahim

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 7a (new)

Or. en

Amendment 2503

Dimitris Tsiodras

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 8

Or. en

Justification

The delegated acts should also be adopted by 1 January 2028 to provide early regulatory certainty on eligibility, support calculation, contractual obligations and bidding procedures, thereby allowing projects to be prepared and the Industrial Decarbonisation Bank to become operational without undue delay.

Amendment 2504

Ondřej Knotek, Jana Nagyová, Antonín Staněk, Viktória Ferenc

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 9

Or. en

Justification

The detailed arrangements for other forms of support financed from allowances are closely linked to Member States' auction revenues. Member States should therefore be involved through implementing acts adopted under the examination procedure referred to in Article 22a(2).

Amendment 2505

Alexandr Vondra

on behalf of the ECR Group

Ondřej Krutílek, Anna Zalewska, Aurelijus Veryga, Laurence Trochu, Adrian-George Axinia

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 9

Or. en

Justification

The detailed arrangements for other forms of support financed from allowances are closely linked to Member States' auction revenues. Member States should therefore be involved through implementing acts adopted under the examination procedure referred to in Article 22a(2).

Amendment 2506

Tiemo Wölken, Heléne Fritzon

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 9a (new)

Or. en

Justification

Frontrunners that invested in decarbonisation ahead of this reform did so on the basis of the carbon price path implied by the rules then in force. Several elements of the reform loosen the market against that expectation: the slower decline of the cap from 2031, as well as the possibility of integrating international credits and carbon removals. First movers must not be penalised for having acted early, so this effect of the reform must be addressed. The amendment does so by covering, for a limited period, the gap between their abatement costs and the carbon price.

Amendment 2507

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 10

Or. en

Amendment 2508

Manuela Ripa, Peter Liese, Ingeborg Ter Laak

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10ce – paragraph 10a (new)

Or. en

Amendment 2509

Li Andersson, Jonas Sjöstedt

Proposal for a directive

Article 1 – paragraph 1 – point 17 a (new)

Directive 2003/87/EC

Article 10cea (new)

Or. en

Justification

The establishment of the e-fuels funding pool sets the legal basis to channel ETS revenues and allowances from the Investment Booster, Industrial Decarbonisation Bank, and National ETS Revenues, into a market intermediary to support the production and uptake of RNFBO fuels within the Union via competitive procedures such as double-sided auctions. The e-fuels funding pool may as well receive potential contributions from the Innovation Fund, national penalties within the framework of both the RefuelEU Aviation and FuelEU Maritime regulations and national voluntary contributions.The market intermediary as the implementation body of running double-sided auctions may be a separate entity to be established at a later stage, but to become operational by 2028. The operational linkage between the e-fuels funding pool and the market intermediary can be specified with the adoption of a delegated act.

Amendment 2510

Dolors Montserrat, Nicolás Pascual de la Parte, Rosa Estaràs Ferragut, Adrián Vázquez Lázara, Esteban González Pons, Juan Ignacio Zoido Álvarez, Carmen Crespo Díaz, Susana Solís Pérez, Esther Herranz García, Pablo Arias Echeverría, Fernando Navarrete Rojas, Raúl de la Hoz Quintano, Gabriel Mato, Isabel Benjumea Benjumea, Elena Nevado del Campo, Alma Ezcurra Almansa, Pilar del Castillo Vera, Maravillas Abadía Jover, Borja Giménez Larraz, Antonio López-Istúriz White, Javier Zarzalejos, Francisco José Millán Mon

Proposal for a directive

Article 1 – paragraph 1 – point 17

Directive 2003/87/EC

Article 10cea (new)

Or. en

Amendment 2511

Adam Jarubas, Andrzej Halicki, Riho Terras, Ewa Kopacz, Elżbieta Katarzyna Łukacijewska, Hanna Gronkiewicz-Waltz, Bartosz Arłukowicz

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point a

Directive 2003/87/EC

Article 10d – paragraph 1 – subparagraph 1 – introductory part

Or. en

Justification

The Modernisation Fund is an established instrument supporting the transition of lower-income Member States, including the modernisation of energy systems and networks, renewable energy, energy efficiency, industrial decarbonisation and measures addressing the social consequences of the transition. Maintaining its endowment beyond 2030 at 4.5% of the Union-wide quantity of allowances is necessary in light of the Union’s 2040 climate target and the continuing investment needs of Member States with more emission-intensive energy systems and industrial structures. Reducing the Fund to 2% while creating new centrally managed instruments, including the Industrial Decarbonisation Bank, would weaken predictable national financing channels and risk widening technological and development disparities between Member States. The additional 2.5 percentage points should be financed from the market stability reserve, without reducing Member States’ basic auction volumes or the quantity available for free allocation. This source is justified in particular by allowances expected to remain in the reserve following the proposed termination of the invalidation mechanism and by the correction of the total number of allowances in circulation for historical aviation data. The mechanism should therefore maintain a 4.5% endowment for 2031–2040, finance the first 2% from the source proposed by the Commission, transfer the additional 2.5 percentage points from the market stability reserve, giving priority to allowances retained as a result of the end of invalidation, and distribute the full amount under a single Modernisation Fund allocation key.

Amendment 2512

Ioan-Rareş Bogdan

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point a

Directive 2003/87/EC

Article 10d – paragraph 1 – subparagraph 1 – introductory part

Or. en

Justification

The Modernisation Fund supports lower-income Member States in upgrading energy systems, renewables, efficiency and industrial decarbonisation. Maintaining its 4.5% endowment beyond 2030 is important to meet the 2040 climate target and address continued investment needs in more carbon-intensive economies.

Amendment 2513

Sirpa Pietikäinen

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point a

Directive 2003/87/EC

Article 10d – paragraph 1 – subparagraph 1 – indent 1

Or. en

Amendment 2514

Danuše Nerudová

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point a

Directive 2003/87/EC

Article 10d – paragraph 1 – subparagraph 1 – indent 1

Or. en

Amendment 2515

Alexandr Vondra

on behalf of the ECR Group

Ondřej Krutílek, Anna Zalewska, Aurelijus Veryga, Laurence Trochu, Adrian-George Axinia

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point a

Directive 2003/87/EC

Article 10d – paragraph 1 – subparagraph 1 – indent 1

Or. en

Justification

This instrument has proven to be very effective for the decarbonization and modernization of the affected sectors in eligible Member States.

Amendment 2516

Ondřej Knotek, Jana Nagyová, Antonín Staněk, Viktória Ferenc

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point a

Directive 2003/87/EC

Article 10d – paragraph 1 – subparagraph 1 – indent 1

Or. en

Amendment 2517

Jeannette Baljeu, Andreas Glück, Anna Stürgkh

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point a

Directive 2003/87/EC

Article 10d – paragraph 1 – subparagraph 1 – indent 2

Or. en

Justification

The Modernisation Fund already provides targeted support to lower-income Member States. Deleting the additional 0.5% reservation avoids a further allocation based on national income, preserves Member States’ auction revenues and supports equal access to industrial decarbonisation funding across the Union.

Amendment 2518

Ondřej Knotek, Jana Nagyová, Antonín Staněk, Viktória Ferenc

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point a

Directive 2003/87/EC

Article 10d – paragraph 1 – subparagraph 1 – indent 2

Or. en

Amendment 2519

Anna Zalewska, Jacek Ozdoba, Jadwiga Wiśniewska, Daniel Obajtek, Beata Szydło, Rihards Kols, Patryk Jaki

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point a

Directive 2003/87/EC

Article 10d – paragraph 1 – subparagraph 1 – indent 2a (new)

Or. en

Justification

The resources of the Modernisation Fund should be increased to an amount equivalent to 5% of the Union-wide quantity of allowances for 2031–2040. In order to avoid reducing the auction revenues available to Member States, the additional 2.5 % should be drawn from allowances held in the Market Stability Reserve. This would strengthen support for the modernisation of energy systems and industrial decarbonisation in beneficiary Member States without imposing an additional reduction on national auction volumes.

Amendment 2520

Nicola Procaccini, Pietro Fiocchi, Michele Picaro, Sergio Berlato, Stefano Cavedagna, Paolo Inselvini, Antonella Sberna, Alexandr Vondra, Sander Smit, Alessandro Ciriani, Carlo Fidanza, Carlo Ciccioli, Giovanni Crosetto, Elena Donazzan, Alberico Gambino, Chiara Gemma, Lara Magoni, Mario Mantovani, Giuseppe Milazzo, Denis Nesci, Daniele Polato, Ruggero Razza, Marco Squarta, Francesco Torselli, Francesco Ventola, Mariateresa Vivaldini

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point a

Directive 2003/87/EC

Article 10d – paragraph 1 – subparagraph 3

Or. en

Justification

This amendment enshrines the principle of technology neutrality in the allocation of support. It recognises that Member States have different starting points, energy mixes and decarbonisation pathways, and it respects their right under Article 194(2) TFEU to determine the choice between different energy sources. This ensures that support reflects national circumstances and that each Member State can pursue the most effective path towards the Union's climate objectives

Amendment 2521

Mohammed Chahim

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point a

Directive 2003/87/EC

Article 10d – paragraph 1 – subparagraph 3

Or. en

Amendment 2522

Sirpa Pietikäinen

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point a

Directive 2003/87/EC

Article 10d – paragraph 1 – subparagraph 3

Or. en

Amendment 2523

Li Andersson, Jonas Sjöstedt, Per Clausen

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point a

Directive 2003/87/EC

Article 10d – paragraph 1 – subparagraph 3

Or. en

Justification

The Modernisation Fund should support investments that are fully consistent with the Union’s climate and energy objectives and a credible pathway towards climate neutrality. Beneficiary Member States should therefore demonstrate this commitment through legally binding climate-neutrality targets for 2050 at the latest.

Amendment 2524

Anna Zalewska, Jacek Ozdoba, Jadwiga Wiśniewska, Daniel Obajtek, Beata Szydło, Rihards Kols, Patryk Jaki, Marion Maréchal

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point a

Directive 2003/87/EC

Article 10d – paragraph 1 – subparagraph 3

Or. en

Amendment 2525

Alexandr Vondra

on behalf of the ECR Group

Ondřej Krutílek, Anna Zalewska, Aurelijus Veryga, Laurence Trochu, Adrian-George Axinia

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point a

Directive 2003/87/EC

Article 10d – paragraph 1 – subparagraph 3

Or. en

Justification

To some extent, the natural gas will continue to play an important role as a transition fuel for certain industrial and energy technologies even in the period after 2030

Amendment 2526

Peter Liese, Lídia Pereira, Zala Černilec Tomašič

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point a

Directive 2003/87/EC

Article 10d – paragraph 1 – subparagraph 3a (new)

Or. en

Amendment 2527

Zala Černilec Tomašič, Milan Zver, Romana Tomc, Matej Tonin

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point a

Directive 2003/87/EC

Article 10d – paragraph 1a (new)

Or. en

Justification

The amendment ensures continuity of access to the Modernisation Fund for Member States that became eligible only through the 2023 revision and could benefit from the Fund from 2024 onwards, i.e. for a much shorter period than Member States with access since 2021. Maintaining their eligibility for 2031–2040 gives stability and predictability for long-term investments in energy infrastructure, grids, electrification and industrial decarbonisation, without raising the general threshold for all Member States.

Amendment 2528

Sophie Wilmès, Olivier Chastel, Benoit Cassart, Andreas Glück, Katri Kulmuni

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point b

Directive 2003/87/EC

Article 10d – paragraph 2 – introductory sentence

Or. en

Amendment 2529

Alexandr Vondra

on behalf of the ECR Group

Ondřej Krutílek, Anna Zalewska, Aurelijus Veryga, Laurence Trochu, Adrian-George Axinia

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point b

Directive 2003/87/EC

Article 10d – paragraph 2 – introductory sentence

Or. en

Amendment 2530

Ondřej Knotek, Jana Nagyová, Antonín Staněk, Viktória Ferenc

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point b

Directive 2003/87/EC

Article 10d – paragraph 2 – introductory sentence

Or. en

Justification

Keeping the current share of 80 % for priority investments gives beneficiary Member States the flexibility needed to address national circumstances, including projects that do not fall within the priority list but contribute to the modernisation of energy systems.

Amendment 2531

Anna Zalewska, Jacek Ozdoba, Jadwiga Wiśniewska, Daniel Obajtek, Beata Szydło, Rihards Kols, Patryk Jaki, Marion Maréchal

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point b

Directive 2003/87/EC

Article 10d – paragraph 2 – introductory sentence

Or. en

Justification

Greater flexibility should be provided under the Modernisation Fund as regards the choice of eligible investment categories, in order to allow beneficiary Member States to tailor support to their specific national and regional circumstances. Energy systems, industrial structures, infrastructure needs and decarbonisation pathways differ significantly across the Union. Beneficiary Member States should therefore retain sufficient discretion to prioritise investments that most effectively address their particular challenges, while remaining consistent with the overall objectives of the Fund

Amendment 2532

Sakis Arnaoutoglou

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point b

Directive 2003/87/EC

Article 10d – paragraph 2 – point a

Or. en

Justification

Renewable and low-carbon hydrogen can contribute to decarbonising hard-to-abate sectors and provide flexibility to the energy system. Explicit eligibility for its production, transport, storage and use under the Modernisation Fund can support the development of integrated hydrogen value chains in beneficiary Member States.

Amendment 2533

Adam Jarubas, Andrzej Halicki, Riho Terras, Ewa Kopacz, Elżbieta Katarzyna Łukacijewska, Hanna Gronkiewicz-Waltz, Bartosz Arłukowicz

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point b

Directive 2003/87/EC

Article 10d – paragraph 2 – point a

Or. en

Justification

the list of priority investments must explicitly encompass key district heating decarbonization and electrification technologies. Inserting large-scale hydrogen-ready industrial boilers, large-scale heat pumps, electrode boilers, thermal energy storage, energy generation facilities, and process-level energy efficiency requirements into Article 10d(2) guarantees that these capital-intensive assets qualify for 100% priority funding without being restricted by administrative non-priority caps or misinterpreted at the whole-installation level.

Amendment 2534

Alexandr Vondra

on behalf of the ECR Group

Ondřej Krutílek, Anna Zalewska, Aurelijus Veryga, Laurence Trochu, Adrian-George Axinia

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point b

Directive 2003/87/EC

Article 10d – paragraph 2 – point a

Or. en

Amendment 2535

Katri Kulmuni

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point b

Directive 2003/87/EC

Article 10d – paragraph 2 – point a

Or. en

Amendment 2536

Nicola Procaccini, Pietro Fiocchi, Michele Picaro, Sergio Berlato, Stefano Cavedagna, Paolo Inselvini, Antonella Sberna, Alexandr Vondra, Sander Smit, Alessandro Ciriani, Carlo Fidanza, Carlo Ciccioli, Giovanni Crosetto, Elena Donazzan, Alberico Gambino, Chiara Gemma, Lara Magoni, Mario Mantovani, Giuseppe Milazzo, Denis Nesci, Daniele Polato, Ruggero Razza, Marco Squarta, Francesco Torselli, Francesco Ventola, Mariateresa Vivaldini

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point b

Directive 2003/87/EC

Article 10d – paragraph 2 – point a

Or. en

Amendment 2537

Sophie Wilmès, Olivier Chastel, Benoit Cassart, Andreas Glück, Katri Kulmuni

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point b

Directive 2003/87/EC

Article 10d – paragraph 2 – point a

Or. en

Amendment 2538

Michael Bloss

Proposal for a directive

Article 1 – paragraph 1 – point 18 – point b

Directive 2003/87/EC

Article 10d – paragraph 2 – point a

Or. en

Justification

Reinserting current ETS Directive provisions.