The European Commission recently adopted a legislative proposal to increase demand for low-carbon, European-made technologies and products. The Industrial Accelerator Act (IAA) aims to boost manufacturing, grow businesses and create jobs in the EU, while supporting industry's adoption of cleaner, future-ready technologies.

The general objective is to increase decarbonised and resilient industrial production in the EU manufacturing industry, with a special attention on energy-intensive industries (EIIs) and clean technologies, considering their contribution to Europe’s competitiveness, economic security, and sustainable economic growth, in line with the Clean Industrial Deal’s objectives.

In terms of upcoming initiatives, the Circular Economy Act proposal will complement the IAA by boosting recycling and access to secondary raw materials, reducing dependencies and vulnerabilities also for energy-intensive industrial products.