A Strategy for a Competitive and Sustainable Industry, Between Green Transition and European Autonomy

By Marco Arezio

At the heart of global transformations, European industry is facing unprecedented challenges. Between the need to decarbonize production activities and growing international competition, the Antwerp Declaration emerges as a strong and clear call to revive a crucial sector. This ambitious document, signed by companies and organizations, urges European leaders to adopt a European Industrial Deal that integrates with the Green Deal, ensuring a fair and sustainable transition for the continent.

The goal is not only to mitigate the risks of globalization or reduce dependence on external raw materials but also to preserve Europe's industrial excellence, a cornerstone of its economic identity. Achieving this requires a plan that prioritizes innovation, competitiveness, and sustainability, laying the foundations for a more resilient future.

A Vision for Change

The Antwerp Declaration begins with a crucial consideration: Europe cannot afford to lose its industrial fabric, especially at a time when the green transition requires colossal investments in clean technologies and infrastructure. Without a strong industrial policy, the risk is becoming dependent on essential products and raw materials from third countries, with all the geopolitical and economic implications this entails.

To avoid this scenario, the document outlines a comprehensive strategy, starting with the need to place the European Industrial Deal as a priority in the 2024-2029 Strategic Agenda. Only an integrated vision, supported by concrete measures, can ensure that Europe retains its role as a global leader in quality production and technological innovation.

Supporting Industry in the Green Transition

At the core of the Declaration lies the commitment to make European industry a model of sustainability. The creation of a fund for clean technologies, the so-called "Clean Tech Deployment Fund," represents a fundamental step in this direction. This tool would help reduce risks for private investments, encouraging the spread of low-impact environmental technologies.

Another critical point concerns energy. High energy costs are one of the main challenges for European businesses. To address this, the Declaration proposes prioritizing renewable sources, next-generation nuclear energy, and green hydrogen, ensuring accessible and competitive energy supplies.

Infrastructure also plays a key role. Europe must accelerate the development of strategic projects, such as cross-border electricity grids, advanced recycling systems, and digitalization, to support a modern and sustainable industry.

A Vision for Strategic Autonomy

A recurring theme in the Antwerp Declaration is the importance of reducing Europe's dependence on external suppliers. The creation of a circular supply chain for critical raw materials is essential to achieve this goal. Through new global partnerships and enhanced domestic recycling capacities, Europe can secure the resources necessary to support its industrial transition.

At the same time, it is vital to promote a single market for recycled materials, eliminating regulatory barriers that hinder the free movement of these products. This would strengthen not only the circular economy but also the overall competitiveness of European industry.

Innovation and Governance: The Keys to Success

The Declaration also aims to create an ecosystem conducive to innovation. Investing in high-quality research, digitalization, and policies open to adopting new technologies is essential to keeping Europe competitive. For this reason, the document proposes protecting intellectual property rights and accelerating technology transfer from laboratory to market.

Finally, a central element of the Declaration is the proposal to strengthen governance structures. Establishing a Vice President dedicated to the European Industrial Deal would ensure the harmonious integration of industrial policies with the Union's strategic priorities, providing effective coordination among member states.

Conclusion: A Strong European Industry for a Sustainable Future

The Antwerp Declaration represents a unique opportunity to shape the future of European industry. Through a shared strategy based on sustainability, innovation, and autonomy, Europe can successfully tackle the challenges of the 21st century.

Maintaining a strong industry does not only mean safeguarding quality jobs but also ensuring that the green transition is inclusive and fair. The European Industrial Deal, as outlined in the Declaration, is not only a response to current challenges but an ambitious vision to build a more resilient and competitive Europe.

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