In 2024 major European industrial companies spanning almost all sectors have called for urgent action in the form of a European industrial deal to complement the EU Green Deal and safeguard quality jobs in Europe. The European Commission (EC) has now published the Clean Industrial Deal, an umbrella strategy document laying out a suite of measures to address Europe’s big challenges: rising geopolitical tensions, slow economic growth and technological competition. The strategy is specific in the planned measures to make EU manufacturing more resilient, while supporting industrial decarbonization. Its focus areas include energy-intensive industries and “clean technologies” sectors, as well as circularity. The EC refers to the Clean Industrial Deal as a “transformational business plan,” bringing together climate policy and competitiveness “under one overarching growth strategy."
Organized in six pillars, we look at the planned measures and policy actions we will see in the years ahead under each pillar.