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Europe’s Clean Industrial Deal: Cheaper Energy, More Jobs, Greener Future

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Europe wants to be the first

climate neutral continent by 2050.

But here's the twist.

It's not just about saving the planet.

It's also about what it means

for you and your wallets.

With over €700 billion mobilised,

this is the Clean Industrial Deal.

The heart of it is circularity.

Reusing, recycling and reducing waste

to make the economy more competitive, resilient and sustainable.

What I would want to do is make sure that Europe becomes

the world leader in circularity, because it has a huge advantage

in terms of footprints, the economy and no longer being dependent on others.

if you arrive at being a world champion in circularity,

you hit the mark in three ways.

Innovation is the engine behind this transformation.

A lot of innovation ongoing in digitalisation

and data analytics.

This provides a golden combination of bringing those two

together metallurgical insights with data science,

allows us to faster innovate and to further

improve the metal recovery yields that we currently have in our processes.

So what's in the deal?

It's built around six key drivers.

Affordable energy

Providing cheaper energy and more efficient systems

will save us €130 billion a year.

Couple the decarbonisation

with de-materialisation policies.

That way, we would not address

only the supply side,

but also the demand side.

how we meet human needs, by using less energy

and less raw materials.

Lead markets

Supporting green products like low carbon steel.

We are looking at a variety of

technologies and chemistries inside of a battery,

which makes it sometimes a challenge to recycle them efficiently.

We need to work together to ensure that we are able to recover

these critical raw materials at the best and highest recovery yield.

Funding and finance

A new industrial decarbonisation bank

will unlock €100 billion.

Materials and circular economy.

We are recycling close to

500,000 tonnes of e-waste material every single year and looking

at least 70 materials that we are recycling.

We need less waste, more recycling and

a stronger market for reused materials.

Economic security

Strategic partnerships

for clean energy and raw materials.

We are for instance, one of the co-founders of

the European battery alliance

and also part of the global battery alliance

with its concept of a battery passport

to increase the traceability of metals

along the battery value chain.

Skills

We need to train workers for clean tech jobs,

and we need to improve quality of jobs.

By 2030, up to half a million new jobs should be created.

It's about transforming industry without leaving people behind.

The deal is also about unity.

All are working together to simplify bureaucracy.

Invest wisely and ensure the rules are fair for all.

The Clean Industrial Deal is not just green idealism.

It's economic common sense.

Got questions?

Drop them in the comments.

Like, share and subscribe for more

on how Europe is building a better tomorrow.

Media information
ID I-270431
Date 14/05/2025
Duration 03:14
Languages English
Category Clip
Institution European Commission
Views 472