1. Short title This Act may be cited as the Clean Energy Innovation Funding Act of 2020 . 2. Findings Congress makes the following findings: (1) The urgency of the COVID-19 crisis and the climate crisis require us to advance job-creating innovation policies that reduce pollution as immediately as possible, and one important step that we can take now is to increase our Federal investments in clean energy innovation. (2) Equally important, the far-reaching movement for racial justice requires us to root out racism on all fronts, and one important way to do that is reduce toxic pollution that disproportionately impacts communities of color while building a more equitable energy system. (3) The Intergovernmental Panel on Climate Change Special Report on Global Warming of 1.5°C released on October 8, 2018, established a need for unprecedented global action to address climate-warming pollution in the next decade. (4) Fostering innovation in the development of zero-emission energy and industrial processes through increased funding for public research, development, and demonstration is one essential piece of a broader suite of policies we must implement in order to meet global decarbonization goals. (5) The United States committed to doubling its public clean energy investments by fiscal year 2021 when it helped launch Mission Innovation, a global initiative working to accelerate clean energy innovation, with the European Union and 22 other countries in conjunction with the 2015 Paris Agreement. (6) While appropriations for clean energy research and development have grown since 2015, current Federal investments in clean energy are significantly behind the scale needed to spur decarbonization across the United States economy. (7) The American Energy Innovation Council and the International Energy Agency have called for a tripling in clean energy funding to help ensure a more environmentally sustainable, secure, and affordable energy system. (8) Increases in funding for the Department of Energy Office of Energy Efficiency