Some of the challenges facing the funding of research and innovation in the EU include:
• Breach of legal obligations of selected members for their support mechanisms, and,
• Lack of harmonization of the European carbon market.
• By tackling those two issues the EU can create an environment of greater investment security and liquidity.
• This would provide a strong incentive for Europe to maintain and expand its lead as a global engine for research and innovation in the Renewable Energy industry