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Policy Paper |

The EU Clean Industrial Deal

THE NEED TO SERVE PEOPLE AND PLANET

 

We firmly believe in a forward-looking industrial policy using every tool possible to develop new industries while accompanying the transformation of existing industrial sectors in Europe towards a climate-neutral, resource-efficient and socially just circular
economy.

We have a unique opportunity with the Clean Industrial Deal to provide strategic focus for a renewed European industrial policy, making the internal market stronger and promoting the European Union as a frontrunner in the decarbonisation and depollution agenda. The globalrace around “clean tech”, including to decarbonise heavy industry like steel, cement and aluminium, fuelled by massive public interventions in countries like the US, China, Japan,India, UK, Canada... is indeed intense, to the point that more than 40% of GDP growth of China in 2023 was related to clean tech, while clean energy jobs exceeded that of fossil fuels in 2021and continues to grow. In the European Union, more than 30% of GDP growth in 2023 was in clean tech, and renewables alone represented 1.5 million jobs in the EU in 2021, with a growth of employment outpacing the growth in the overall economy...

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Bas Eickhout
Co-President

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