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Legal briefing

The European “Net-Zero Industry Act”

05/03/2024

Provisional agreement on the final text of the legislation aimed at boosting the European Union’s green industry and economy

The European Parliament and the Council have recently reached an agreement on the final text of the Net-Zero Industry Act, a crucial piece of legislation on the European Union’s path towards carbon neutrality that seeks to strengthen the production of net zero technologies in the EU. This text consists of a brief analysis of some of the main opportunities and incentives provided by the legislation, such as streamlining administrative procedures, encouraging investment, clustering effects and skilled jobs in the net zero sector, and incentives for public authorities to adopt sustainable and resilience criteria in public tenders.

You can read the full legal briefing here.