Clean Industrial Deal

The Clean Industrial Deal is an initiative by the European Commission aimed at strengthening the EU's industrial competitiveness while advancing decarbonization. By investing in clean technologies, reducing energy costs, and promoting the circular economy, the initiative seeks to make European industry more sustainable and future-proof.

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The Clean Industrial Deal was introduced by the European Commission as a strategic measure to support the European industry in its transformation toward a climate-neutral economy. It focuses on several key areas:

• Financing: Over €100 billion will be provided to support clean production in the EU. This includes the introduction of a new state aid framework, strengthening the Innovation Fund, and establishing an Industrial Decarbonization Bank.
• Increasing demand for clean products: The Industrial Decarbonization Accelerator Act aims to boost demand for clean products made in the EU by integrating sustainability, resilience, and "Made in Europe" criteria into public and private procurement.
• Lowering energy prices: The Affordable Energy Action Plan will be introduced to reduce energy costs and ensure a more resilient and cost-efficient energy market.
• Promoting the circular economy: The Circular Economy Act will be adopted to reduce raw material costs and encourage recycling.

These measures make the Clean Industrial Deal a key pillar of the European climate strategy, guiding the industry toward climate neutrality by 2050 while ensuring competitiveness and economic growth.

For manufacturing companies, the Clean Industrial Deal can bring significant relief. The increased demand for climate-friendly products and new legal requirements for emission reductions also put pressure on businesses to actively address their climate footprint.