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Europe. The clean tech powerhouse.

What do a strong economy and a bull market have in common? Clean Tech.

NextGenerationEU is a EUR 806.9 billion* temporary recovery instrument designed to boost recovery and transform our economies and societies to become more modern and resilient.    

With NextGenerationEU’s strong focus on facilitating the transition towards a green and digital economy, there is a natural link to the promotion of clean tech for a more sustainable and competitive EU economy.

Picture of Ursula von der Leyen

Those who develop and manufacture the technology that will be the foundation of tomorrow's economy will have the greatest competitive edge.

Ursula von der Leyen, European Commission President

NextGenerationEU is the “investment firepower” for the EU’s green transition, which provides opportunities for businesses of all sizes to scale up their net-zero operations and ambitions in an EU net-zero ecosystem that was already worth over EUR 100 billion in 2021, doubling in value since 2020. It will also benefit the activities of businesses by enabling a secure, affordable and sustainable energy supply, and by increasing the availability of the clean tech solutions needed to reduce their environmental impact.

*This figure is in current prices. It amounts to €750 billion in 2018 prices.

The road to net-zero

Clean tech is at the heart of the Green Deal Industrial Plan with its aim of making the most of the net-zero potential by transforming the European Union's industry with highly ambitious goals.

Over €100 billion
is the value of EU's net-zero start-ups ecosystem in 2021, doubling since 2020
Over 400 GW
of wind and solar renewable energy production capacity in the EU in 2022, an increase of over 25% compared to 2020
4.5 million
green jobs in the European economy in 2019 up from 3.2 million in 2000

NextGenerationEU for clean tech

Under NextGenerationEU, the 27 national recovery and resilience plans funded by the Recovery and Resilience Facility (RRF) make around EUR 250 billion available for green measures, including investments earmarked for tackling climate change and supporting green projects.

Overall, NextGenerationEU and clean tech represent considerable opportunities for businesses to contribute to a more sustainable future while also generating economic benefits. By taking advantage of the current momentum, businesses can position themselves for long-term success in a rapidly evolving global economic landscape.

With NextGenerationEU, we are leading the way to net-zero through the clean tech revolution!

Get a feel for what we do by checking out our project map and a selection of cross-national clean tech related projects:

Clean tech projects

hydrogen installation
EUR 1.5 billion from the Recovery and Resilience Facility will support some of the overall 62 projects in Germany, as part of a pan-European project promoting the market ramp-up of the green hydrogen value chain, seeking to interlink European hydrogen projects.
Semiconductors icon
EUR 2.5 million from the Recovery and Resilience Facility will increase the resilience of the Slovenian semiconductor value chains as part of a wider multi-country project, which will connect national and EU processes and strengthen the EU microelectronics value chain.