The Clean Industrial Deal: A plan to boost Europe’s economy?
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The Clean Industrial Deal: A plan to boost Europe’s economy?
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On 26 February, just ahead of the first 100 days in office, the European Commission unveiled its “Clean Industrial Deal” (CID). This flagship initiative seeks to align Europe’s climate ambition with competitiveness. Aligned with the Draghi report published last year, the CID gives the European Green Deal an “industrial twist”, focusing on decarbonising “traditional” industries while helping European clean technology production scale-up.
In this episode of Rethinking Europe, we will be joined by Elvire Fabry, Senior Researcher in Geopolitics of Trade at Institut Jacques Delors in Paris and Philipp Jäger, Policy Fellow for European climate and economic policy at the Jacques Delors Centre in Berlin.
We’ll start by taking a closer look at the CID’s strategic direction and its potential to reshape Europe’s industrial landscape. We will also discuss the CID’s new tools, particularly the introduction of “Lead Markets” and “Made in Europe” content requirements and explore how these initiatives could help boost domestic clean technology production. Lastly, we’ll examine the challenges of funding, coordination, and political backing to ensure the CID’s success.
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