A ‘green industrial policy’ able to promote economic growth, job creation and environmental goals altogether will be fundamental to Europe’s climate change ambitions.

The European Green Deal aims to make Europe the first climate-neutral continent by 2050. This is not going to be an easy journey. To be successful, the European Green Deal will have to foster major shifts in the European industrial structure, including transitions from fossil fuels to renewable energy and from combustion engine cars to electric cars. Shifting economies from brown to green would be a historic socio-economic transformation. Not by coincidence, this challenge is often referred to as an industrial revolution against a deadline. In this context of broad, paradigmatic, change for European industry, a ‘green

This Blueprint examines how the European Union can develop a coherent green industrial policy that will serve the goals of the European Green Deal.

This Blueprint has been produced with the financial support of the European Climate Foundation.

The European Green Deal aims to make Europe the first climate-neutral continent by 2050. This is not going to be an easy journey. To be successful, the European Green Deal will have to foster major shifts in the European industrial structure, including transitions from fossil fuels to renewable energy and from combustion engine cars to electric cars. Shifting economies from brown to green would be a major, historic socio-economic transformation.
In this context of broad, paradigmatic, change for European industry, a ‘green industrial policy’ will

The electrification of vehicles has become a key trend in the automotive sector, driven by clean energy and climate-change concerns. In a scenario of further proliferation of electric, the authors here consider how Europe might best attempt to catch and overtake other countries’ manufacturers and suppliers in the development race.

The automotive sector is important for the EU economy. Accounting for 4% of EU GDP, it employs 8 million people and ranks among the main EU sectors in terms of exports and research and development (R&D). And because of its long supply chain, the sector has a significant multiplier effect on the EU economy.
The automotive sector is currently at the centre of a global transformation, driven by four key trends: electrification, autonomous driving, sharing, and