Carbon Tax Adaptation Track (Directive 4.79)
Funds emissions-reduction investments by industrial actors in Israel adapting operations to climate and carbon policy signals.
Directive 4.79 โ Carbon Tax Adaptation Track โ is a multi-year grant programme operated jointly by Israel's Ministry of Economy and Industry (Authority for Investments and Development), the Ministry of Energy and Infrastructure, the Ministry of Environmental Protection, and the Ministry of Finance. Effective from 7 November 2024 and published 9 December 2024, it provides rolling financial assistanโฆ
Rolling multi-year grants (up to six years per facility) calculated on each plant's Balo carbon-tax liability, helping Israeli fuel-consuming industrial plants adapt to carbon pricing through 2030.
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