Investments in climate-friendly materials to strengthen the recovery package

In order to support the design of the EU as well as individual member state recovery packages, this report aims at exploring whether investments in low-carbon projects could be accelerated to contribute to the recovery while jump-starting the decarbonization of the European basic materials industry and enhancing its competitiveness. We first assess viable low-carbon technology options for climate-friendly investments in the scope of the recovery package. For doing so, we reflect on the insights obtained from various interviews with industrial experts about viable technology options for climate-friendly production processes and enhanced recycling of steel, cement, aluminum and plastic, and on the main perceived challenges that hinder their development. Based on these insights we then highlight the necessary elements of a recovery package which could help to realize these investments and discuss how these investments can support recovery objectives.

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