Under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE

تحت رعاية صاحب السمو الشيخ محمد بن زايد آل نهيان، رئيس دولة الإمارات العربية المتحدة

Supported by

Pierre-Etienne Franc

Co-Founder and CEO

Hy24

Hy24
Hy24
Session Overview
Tuesday, 4 November
16:00
Decarbonisation ICC Hall B 16:00 - 16:40
Industrial competitiveness: balancing energy security, sustainability and affordability

Europe’s Clean Industrial Deal marks a pivotal shift in aligning climate ambition with industrial competitiveness, aiming to decarbonise the economy while strengthening strategic sectors such as steel, chemicals, and clean tech. With a target of a 90% emissions reduction by 2040, the Deal prioritises investment in low-carbon manufacturing, energy infrastructure, and circular economy solutions, while keeping affordability and reliable power at the core of the transition. The proposed €480 billion annual investment seeks to modernise grids, drive innovation, and lower production costs through reforms in procurement and resource efficiency. Although initiated in the EU, the Deal offers a blueprint for the Global South and other regions balancing sustainability with industrial resilience. Its global implications - from clean product standards to tightening emissions expectations- signal a future where businesses and industries must move beyond viewing climate ambition as a trade-off to competitiveness, harnessing all energy sources, technologies, and innovations to thrive.

Attendee Insights:

Explore how Europe's industrial strategy is influencing global trade, investment, and energy priorities, and learn how operators are adapting to balance cost, carbon, and competitiveness in an evolving policy landscape. 

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