Green growth revisited: The EU’s Clean Industrial Deal
The European Union has long championed the idea that economic competitiveness and green transformation go hand in hand.
The Clean Industrial Deal is presented as “a transformational business plan” that combines climate action and competitiveness into an overarching growth strategy for Europe. It acknowledges Europe’s rich industrial heritage and its vital role in technological progress, economic growth, and social well-being. Faced with rising geopolitical tensions, slow economic growth, and technological competition, the EU aims to reinforce its resilience and security by accelerating decarbonisation, reindustrialisation, and innovation across the continent. Overall, this will be accomplished by focusing on a clear set of themes and objectives, which in turn are articulated in action areas and key initiatives.
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