{
  "url": "https://openlegislation.uk/eu-decision-2020-669/introduction",
  "json_url": "https://openlegislation.uk/eu-decision-2020-669/introduction.json",
  "legislation": "eudn/2020/669",
  "legislation_title": "Commission Implementing Decision (EU) 2020/669 of 18 May 2020 amending Implementing Decision 2013/801/EU as regards entrusting the Innovation and Networks Executive Agency with the implementation of the Innovation Fund",
  "legislation_url": "https://openlegislation.uk/eu-decision-2020-669",
  "path": "introduction",
  "kind": "introduction",
  "number": null,
  "heading": "Introductory text",
  "text": "Commission Implementing Decision (EU) 2020/669\nof 18 May 2020\namending Implementing Decision 2013/801/EU as regards entrusting the Innovation and Networks Executive Agency with the implementation of the Innovation Fund\nTHE EUROPEAN COMMISSION,\nHaving regard to the Treaty on the Functioning of the European Union,\nHaving regard to Council Regulation (EC) No 58/2003 of 19 December 2002 laying down the statute for executive agencies to be entrusted with certain tasks in the management of Community programmes and in particular Article 3(3) thereof,\nWhereas:\n(1)\nDirective 2003/87/EC of the European Parliament and of the Council establishes the Innovation Fund to support innovation in low-carbon technologies and processes, and to help stimulate the construction/creation and operation of projects that aim at the environmentally safe capture and geological storage of CO2, as well as of innovative renewable energy and energy storage technologies.\n(2)\nIn accordance with Article 16(1) of Commission Delegated Regulation (EU) 2019/856, the Innovation Fund is to be implemented in direct management or indirect management. Article 17 of that Regulation states that the Commission may decide to designate an implementing body to carry out certain implementation tasks, and in the case of direct management, those tasks must be delegated to an executive agency.\n(3)\nCommission Implementing Decision 2013/801/EU established the Innovation and Networks Executive Agency ('the Agency') and entrusted it with the management of certain parts of Union programmes, including the Connecting Europe Facility and the Horizon 2020 in the field of energy.\n(4)\nThe cost-benefit analysis carried out in accordance with Article 3 of Regulation (EC) No 58/2003 demonstrated that delegating the management of parts of the Innovation Fund to the Agency would contribute to achieving the objectives of the Innovation Fund more efficiently. Entrusting the Agency with the implementation of parts of the Innovation Fund would result in cost savings of about EUR 30,5 million over the period 2020 to 2030 when compared to the in-house management cost, increase efficiency and flexibility in the management of the Innovation Fund, provide significant synergies between the Innovation Fund and other Union programmes managed by the Agency and increase proximity to the beneficiaries as well as visibility of Union funding.\n(5)\nIt is therefore appropriate to entrust the Agency with the management and implementation of parts of the Innovation Fund.\n(6)\nImplementing Decision 2013/801/EU should therefore be amended accordingly.\n(7)\nThe measures provided for by this Decision are in accordance with the opinion of the Committee for Executive Agencies,\nHAS ADOPTED THIS DECISION:",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "OJ L 11, 16.1.2003, p. 1."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003 establishing a scheme for greenhouse gas emission allowance trading within the Community and amending Council Directive 96/61/EC (OJ L 275, 25.10.2003, p. 32)."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "Commission Delegated Regulation (EU) 2019/856 of 26 February 2019 supplementing Directive 2003/87/EC of the European Parliament and of the Council with regard to the operation of the Innovation Fund (OJ L 140, 28.5.2019, p. 6)."
    },
    {
      "type": "footnote",
      "label": "f4",
      "text": "Commission Implementing Decision 2013/801/EU of 23 December 2013 establishing the Innovation and Networks Executive Agency and repealing Decision 2007/60/EC as amended by Decision 2008/593/EC (OJ L 352, 24.12.2013, p. 65)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudn/2020/669/introduction",
    "retrieved_at": "2026-11-01T15:12:15.978439+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}