Article 3Operational objectives
The Innovation Fund shall have the following operational objectives:
(a)
to support projects demonstrating highly innovative technologies, processes or products, that are sufficiently mature and have a significant potential to reduce greenhouse gas emissions;
(b)
to offer financial support tailored to market needs and risk profiles of eligible projects, while attracting additional public and private resources;
(c)
to ensure that the revenues of the Innovation Fund are managed in accordance with the objectives of Directive 2003/87/EC.