The European Commission has launched the Clean Industrial Deal, a €100 billion initiative aimed at reinforcing industrial competitiveness, reducing emissions, and securing Europe’s clean energy future. This sweeping business plan will support manufacturing, lower energy costs, and boost circularity, positioning Europe as a global leader in sustainable industrial production. The deal prioritizes reducing energy costs and promoting clean energy infrastructure.
The Clean Industrial Deal will mobilize over €100 billion through various financial mechanisms, including a new Clean Industrial Deal State Aid Framework and a €100 billion Industrial Decarbonization Bank. It aims to increase the use of recycled materials to 24% by 2030 and support industrial reuse and recycling efforts. The deal also includes measures to protect EU industries from unfair global competition. It will help keep European industries competitive in the global clean economy.
