25 Oct 2023
Commission reports on EU policy initiatives to promote investments in clean technologies
On 24 October 2023, the European Commission adopted a Communication 'Report on EU policy initiatives for the promotion of investments in clean technologies'. The Communication offers a preliminary assessment of the state of play and sets out what the EU has done to promote and support the development and deployment of clean technologies, reinforcing the Single Market, ensuring a level-playing field, supporting research and innovation, expanding its network of trade agreements and international strategic partnerships, and mitigating the impact of external developments.
It also addresses the initial impact of the US Inflation Reduction Act (IRA), as requested by the European Council, and states that other players, notably China, have also launched active public support programmes that are likely to have an impact on the investment environment for clean technologies in the EU.
The document can be downloaded here: