The European Commission has adopted a legislative proposal for an Industrial Accelerator Act (IAA) aimed at increasing demand for low-carbon technologies and products manufactured in Europe, according to information reported by Agerpres.
The initiative seeks to strengthen European industrial production, support business development and create jobs, while accelerating the adoption of cleaner technologies across the EU.
“Made in EU” requirements in public procurement
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Under the proposal, public procurement and state support schemes will include criteria related to European origin and low carbon emissions, particularly for strategic sectors such as steel, cement, aluminum, automotive manufacturing and technologies contributing to net-zero targets.
The proposal builds on recommendations from the Draghi report and aims to reinforce European production capacity amid increasing global competition and reliance on external suppliers.
The act also requires member states to introduce a single digital permitting process to speed up and simplify industrial projects.
Target: manufacturing to reach 20% of EU GDP by 2035
The Commission aims to increase the share of manufacturing in the EU economy from 14.3% of GDP in 2024 to 20% by 2035.
The proposal also introduces rules for foreign direct investment in strategic sectors. Projects exceeding €100 million will need to demonstrate clear benefits for the EU, including technology transfer, high-quality job creation and compliance with local content requirements.
Additionally, the act promotes reciprocity in public procurement, ensuring equal treatment for countries that grant EU companies access to their own markets.
The initiative aims to strengthen supply chain resilience, stimulate sustainable manufacturing and support markets for clean technologies such as batteries, solar and wind energy, heat pumps and nuclear power.
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