Industry sector

To uphold Europe’s industrial leadership, the EU’s new Industrial Strategy will help deliver on three key priorities: maintaining European industry’s global competitiveness and a level playing field, at home and globally, making Europe climate-neutral by 2050, and shaping Europe’s digital future.
Together with the industrial strategy, the new circular economy action plan will help modernise the EU’s economy and draw benefit from the opportunities of the circular economy domestically and globally. A key aim of the new policy framework will be to stimulate the development of lead markets for climate neutral and circular products, in the EU and beyond.
The Modernisation Fund will support 10 lower-income EU Member States in their transition to climate neutrality by helping to modernise their energy systems and improve energy efficiency. Moreover, the fund will support investments for a just transition in carbon-dependent regions, including redeployment, re-skilling and up-skilling of workers, education, job-seeking initiatives and start-ups.
New technologies, sustainable solutions and disruptive innovation are critical to achieve the objectives of the European Green Deal. Horizon Europe, in synergy with other EU programmes, will play a pivotal role in leveraging national public and private investments. At least 35% of the budget of Horizon Europe will fund new solutions for climate, which are relevant for implementing the Green Deal.

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