r/europe • u/MacronLeNecromancer • 2d ago

Data Non-EU countries receive more funding from European Innovation Fund than 2/3 of EU countries combined

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u/eloyend Żubrza 🌲🦬🌳 Knieja 2d ago

I understand Norway and UK - what Israel is even doing here, though?

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u/AdmRL_ United Kingdom 2d ago

Corruption and/or massive pro-israel lobbying, presumably.

EU's description of the fund:

The Innovation Fund is one of the world’s largest funding programmes for the deployment of innovative net-zero and low-carbon technologies. Established by Article 10a (8) of Directive 2003/87/EC to support innovation across all EEA Member States, it is one of the key tools of the European Green Deal Industrial Plan.

Financed by revenues from auctioning allowances from the European Union Emissions Trading System (EU ETS) and with an estimated revenue of approximately €40 billion between 2020 and 2030, the Innovation Fund aims to help businesses invest in clean energy and bring technologies to market that can decarbonise European industry, while fostering its competitiveness.

So literally no reason whatsoever for Israel to be involved. They aren't an EEA member, they aren't European and they have little involvement in EU industry that justifies their involvement over say, Turkey, or the US.

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u/RijnBrugge 2d ago

Bro Israel pays its way into the program in the same exact way yours does. Take a chill pill.