Summary
- Alliance of cleantech businesses proposes 15 measures for Clean Industrial Deal in Europe
- Recommendations include incentives for EU-based industries to adopt cleantech
- Challenges include limited opportunities for growth in decarbonised products
- Recommendations focus on clean energy access, European industrial strategy, and a Clean Investment Plan
- Priorities include financial support for scaling up strategic technologies and establishing lead markets via green public procurement
Article
An alliance of cleantech businesses and civil society has proposed 15 measures to deliver a joint roadmap for Europe’s decarbonisation and competitiveness under the Clean Industrial Deal. The aim is to provide robust incentives for EU-based industries to adopt cleantech, facilitating their transition towards decarbonised, circular, and innovative business models. Despite the presence of innovators in sectors like green steel, battery manufacturing, and EV charging, there are limited growth opportunities and scaling challenges due to mixed demand signals and a fragmented European market.
The key recommendations sent to the Commission for the Clean Industrial Deal include concrete steps across three pillars: increasing access to clean and affordable domestic energy, developing a European industrial strategy that advances decarbonisation and competitiveness in key industries, and implementing a Clean Investment Plan to unlock private investment through financial incentives and de-risking mechanisms. It is essential to establish targeted financial support for scaling up strategic technologies and to enforce “Made-in-EU” and sustainability requirements to State Aid and EU funding to drive decarbonisation and innovation.
One of the main priorities highlighted is the need for the future European Competitiveness Fund to support green industrial strategies by scaling up domestic clean tech manufacturing in key sectors like batteries and clean fuels for aviation and shipping. Additionally, the Clean Industrial Deal must secure substantial new funding to close the investment gap through 2030. Creating lead markets through green public procurement and deploying smart de-risking and competitive bidding approaches to attract private investment are also crucial steps for driving decarbonisation and innovation within the European industrial sector.
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Overall, the Clean Industrial Deal aims to address the investment challenge in the EU by driving decarbonisation and innovation within the industrial sector. By focusing on key strategic technologies and enforcing sustainability requirements, the deal seeks to support the growth of clean tech manufacturing in areas such as batteries and clean fuels. Through targeted financial support, green public procurement, and private investment incentives, the Clean Industrial Deal aims to pave the way for a more sustainable and competitive industrial landscape in Europe.
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