Europe’s clean technology industries & key materials suppliers call for EU Clean Industrial Deal and urgent actions to keep Europe in the world’s clean technology race
Cefic, together with other associations representing Europe’s clean technology industries and their key material suppliers, sent a joint letter to the European Commission President ahead of today’s European Council summit. They unite in supporting the commitments of European Commission President Ursula von der Leyen that “the future of our clean tech industry has to be made in Europe”.
In their joint letter, they call for urgent and comprehensive action from the European Commission and Member State governments to maximise the growth potential of the Green Deal and ensure a compelling business case for clean energy supply chains in Europe, from the raw material to the product. An EU Industrial Deal must create a compelling business case for investments and competitiveness across the European clean energy supply chain, including technology producers, materials suppliers, and other critical sectors. To achieve this, five central pillars are needed:
- New agile and EU-level finance: meaning easier access for companies to existing EU financial tools at first, and new sources of EU-level funding specifically allocated to clean energy supply chains in future
- Fast-track permitting for production and deployment, enforced at national level
- Competitive energy prices
- Level playing field for open strategic autonomy: Europe should design its industry and trade policies strategically to support clean tech manufacturing and supply chain goals.
- Appropriate market incentives to develop full domestic supply chains
Together, our sectors want President von der Leyen’s Industrial goals to succeed. We want to lead Europe’s return to the global clean technology race. We want a secure European energy transition, built by European jobs with sustainable materials and green tech industries. We now have a narrowing window of opportunity to make that ambition happen, and the time to act is now.