EuRIC, FEAD and INGKA GROUP – an IKEA retailer, would like to provide their views on the European Commission’s (EC) ‘Net Zero Industry Act’ proposal.
This statement aims at increasing the ambition of the Commission’s proposal in order to deliver the ambitious but necessary targets of both the EU Green Deal and hence the new Circular Economy Action Plan (CEAP).

The signatories to this statement welcome the publication of the proposal for a Regulation on establishing a framework of measures for strengthening Europe’s net-zero technology products manufacturing ecosystem (Net Zero Industry Act) and see it as a step forward in terms of achieving the ambitious, but necessary, targets of the EU Green Deal. The above referred signatories are aligned with the Commission’s view that it is absolutely crucial to improve the investment environment for the Union’s manufacturing capacity of technologies that are key to meeting the Union’s climate neutrality goals, and ensuring that our decarbonised energy system is resilient whilst also contributing to reducing pollution, to the benefit of public health and planetary environmental wellbeing.

However, it is clear that the role of circularity in achieving climate neutrality has been overlooked in the Commission proposal.

You can consult the full joint statement by clicking on the button below.