EU Clean Industrial Deal: €100bn to accelerate green manufacturing
Sustainability criteria in public procurement, carbon intensity label and a 24% circularity target.
The EU plans to mobilise €100 billion to accelerate clean tech adoption and increase demand for decarbonised manufacturing products through its newly launched Clean Industrial Deal.
Presented yesterday – at the same time as sweeping cuts in sustainability reporting requirements – the deal aims to make decarbonisation a competitive advantage for Europe’s hard-to-abate sectors, such as steel, cement, automotive and chemicals.
