Net-Zero Industry Act

The Net-Zero Industry Act (Regulation (EU) 2024/1735) is a key legislative initiative under the European Green Deal, aiming to strengthen the EU's manufacturing capacity for net-zero technologies. It seeks to accelerate investment, streamline permitting processes, and enhance the competitiveness of the European clean technology sector. The Act sets targets for domestic manufacturing of strategic net-zero technologies to ensure the EU's climate neutrality goals by 2050. It entered into force on June 29, 2024, and is directly applicable across all Member States.

Record

Jurisdiction European Union
Category Industrial, Trade and Supply-Chain Policy
Legal stage announced
Binding status binding_eu_law
Effective date 2024-06-29
Source EUR-Lex — Regulation (EU) 2024/1735