EU policy initiatives to promote investments in clean technologies

In a Communication adopted today, the Commission is setting out what the EU has done to promote and support the development and deployment of clean technologies, by reinforcing the Single Market, ensuring a level-playing field, supporting research and innovation, expanding its network of trade agreements, and mitigating the impact of external developments. It also looks at first results materialising from the US Inflation Reduction Act (IRA), as requested by the European Council, and stresses the need to continue monitoring the situation and constructively engaging with the US. Additionally, the Communication acknowledges that other actors, notably China, also have active public support programmes in place that are likely to affect the investment environment for clean technologies in the EU.

RAPID, IP/23/5245, 24.10.2023
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