The European Commission has presented the )an ambitious roadmap to support the competitiveness and resilience of the European industry. The pact will accelerate decarbonization and guarantee the future of the manufacturing industry in Europe.
With the implementation of this plan, the European Union wants to deal with a growing global competition and, “often unfair” and the high energy costs faced by European companies, ensuring a more transitionsustainable andcompetitive
The pact places decarbonization as a powerful growth engine of the European industry that can help boost competitiveness, since “it offers security and predictability to companies and investors to the extent that it guarantees that the Union will maintain its commitment to have a decarbonized economy from here to 2050”.
President Ursula von der Leaden emphasizes that Europe “is not only a continent of industrial innovation, but also one of industrial production.We know that too many obstacles to our European companies still persist, from high energy prices to excessive normative load. The clean industrial pact wants to break the chains that continue to brake our companies and clearly demonstrate that Europe has good economic arguments. ”
The plan basically focuses on two closely related sectors: large energy consumption industries and clean technologies. Large energy consumption industries need urgent help to decarbon and electrify themselves, since they have to face the high costs of energy already complex normative, which harms its competitiveness; And clean, fundamental technologies for competitiveness and growth, are crucial for industrial transformation.
In addition, the pact also bets on moving towards a circular economic model, “we must make the most of the limited resources of the EU and reduce the excessive dependence of the suppliers of raw materials in third countries,” is collected in the text.
Measures to promote competitiveness
The plan includes a measurement package that reinforce the entire value chain and serve as a frame to adapt them to specific sectors and define the “activity engines” so that the industry thrives within the framework of the Union.
Reduction of energy costs
The plan of ((Link: external “target =” _blank “> https: //ec.europa.eu/commission/presscorner/detail/es/ip_25_570 |||Action for affordable energy To lower the energy invoice of industries, companies and homes, it becomes speeding up the implementation of clean energy, accelerating electrification, using energy more efficiently and reducing dependence on imported fossil fuels.
Demand stimulus of clean products
The implementation of a law of acceleration of industrial decarbonization will increase the demand for clean products manufactured in the EU based on sustainability, resilience and manufacturing criteria in Europe in public and private hiring in strategic sectors.
Transition financing towards clean energy
The Commission will strengthen the Innovation Fund and propose an industrial decarbonization bank, with the aim of obtaining funds worth 100 billion euros,
Circularity and access to raw materials
Circularity is an essential component in the decarbonization process. Through the Circular Economy Law, the Commission wants Accelerate the transition to a more circular economic model, ensuring that raw materials are used efficiently and promoting thereuseand therecyclingof resources
As regards ael Access to essential raw materials, Key to guarantee the competitiveness of industries European, The commission will propose measures such as theJoint purchase of raw materialsand the creation of aFundamental raw materials center, with the aim of reducing exposure to unreliable suppliers.
Acting worldwide and qualified labor
In the words of the commission itself, the European Union needs “more than ever reliable world partners.” Therefore, in addition to the new and ongoing trade agreements, the first clean trade and investment associations will launch, which will diversify the supply chains and forge mutually beneficial agreements. At the same time, the Commission “will act even more determined to protect our industries” against unfair competition at a global scale.
The transformation of the European industry, towards a more sustainable model, requires talented and qualified people. To fulfill this objective, the Commission has proposed to create a union of the competences invested in the workers and create quality jobs.
Naturgy Foundation and the Clean Industrial Pact
Coinciding with the presentation of the Pact, the Naturgy Foundation has announced the study of the Clean Industrial Pact: the most relevant and difficult industrial initiative of the new European Commission, prepared by Christopher Jones, by Florence School of Regulation, in which what, in his opinion, are the main challenges he addresses.
Christopher Jones, part of the fact that there are no easy solutions to decarbonize the EU industry, at the same time promoting its competitiveness. Jones, argues that, although the EU is not the only one to commit to establishing ambitious greenhouse gas reduction objectives, – since most of the signatories of the Paris agreements have set similar objectives – it is the only one that is adopting effective measures, to meet them and this generates serious challenges of competitiveness and disadvantages for the industrial sectors of the union and, especially for the strategic industry of energy
In addition, the author of the analysis ensures that throughout the last decade the 27 have adopted a series of obligations and loads for industry and consumers, in order to fulfill the commitments of the Green Pact and applying a series of environmental, social and governance requirements, which have turned the European Union into world reference in this field.