The European Commission has approved a €3 billion German State aid scheme to support strategic investments that add clean technology (cleantech) manufacturing capacity in line with the objectives of the Clean Industrial Deal. This measure will contribute to the transition towards a net-zero economy. The scheme was approved under the Clean Industrial Deal State Aid Framework (CISAF) adopted by […]
Commission approves ¤700 million Spanish aid scheme to support clean technology manufacturing capacity, in line with Clean Industrial Pact targets
The European Commission has approved a Spanish aid scheme worth €700 million to support strategic investments to add manufacturing capacity for clean technologies in Spain, in line with the objectives of the Clean Industrial Pact. This measure will contribute to the transition towards a zero net emissions economy. The scheme has been approved under the […]
EU’s new strategy to shape a global clean and resilient transition
The Commission and the High Representative have presented last October 16 an international strategy for securing Europe’s place in global markets. The new EU global climate and energy vision presents the EU’s offer to the world: using diplomacy to protect our core interests, promoting standards for a fair transition by assisting our partners to develop theirs, and […]
EU Climate Law presents a new way to reach 2040
The European Commission has proposed on 2 July an amendment to the EU Climate Legislation, setting an EU climate target for 2040 of a 90% reduction in net greenhouse gas (GHG) emissions compared to 1990 levels, as called for in the Commission’s policy guidelines for 2024-2029. It will provide certainty for investors, innovation, strengthen the […]
Clean Industrial Pact must reconcile competitiveness and climate action
The Industrial Decarbonisation Bank and the Affordable Energy Action Plan are crucial for the competitiveness and resilience of European industry, says the EP. The resolution adopted by the plenary on Thursday is a response to the European Commission’s Clean Industrial Pact Plan. It stresses the need to combine climate action with industrial competitiveness. It also […]