The European Commission has presented a green and digital transition path to the chemical industry, proposing a joint plan prepared with key representatives of the chemical industry, NGOs and other stakeholders.
The pathway helps to prepare an economic justification and a roadmap for investments in safe and sustainable chemicals. The actions outlined, which will be implemented by the entire ecosystem, aim to promote innovation, collaboration and information gathering in support of the diversification of raw materials, as well as improving the supply of clean energy through electrification, hydrogen production and waste reuse. These measures can support the transformation of the chemical industry and ensure its competitiveness and contribution to the production of tomorrow’s green and digital technologies.
The course also includes an overview of the chrono program of regulatory interventions in this industrial ecosystem. The Commission will present the route to the high-level Round Table of the chemical industry on 1 February. Stakeholders will then work together to jointly implement agreed actions, further assess investment needs and present their transition commitments.
In the May 2021 Industrial Strategy Update, as part of efforts to accelerate the green and digital transformation of European industry, the Commission proposed to develop transition paths in different ecosystems. To date, it has developed, in consultation with stakeholders, transition paths for tourism ecosystems, energy-intensive industries and the neighbourhood and social economy.