The Clean Industrial Deal is the "new" Green Deal of the European Commission aimed at promoting the green transition of the European industrial base, while making Europe an attractive location for manufacturing. Specifically, the Clean Industrial Deal is one of the pillars of the Competitiveness Compass presented by the Commission on January 29, a European strategy - based on the Draghi Report - aimed at making the economic model more sustainable, without compromising the competitiveness of the EU industry and, indeed, aiming to bridge the European innovation gap with global powers like China and the United States.
At the heart of the Clean Industrial Deal, two sectors in particular: energy-intensive industries, which need urgent support to tackle high energy costs, unfair competition, and complex regulation; and the clean technology sector, which is a key factor in industrial transformation, competitiveness, and resilience.
