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The Industrial Accelerator Act (IAA) is expected to become a key piece of legislation for European industrial decarbonisation. Yet many projects in sectors such as steel, cement and chemicals, remain stalled before Final Investment Decision due to uncertain revenues and weak demand for low-carbon products.

At this Parliamentary breakfast hosted by MEP Sara Matthieu (Greens), policymakers, industry representatives and civil society will discuss the European Commission’s proposal for the Industrial Accelerator Act and its role in strengthening demand for European low-carbon industrial products.

The discussion will tackle the following questions:

• Creating demand and lead markets: Which demand-side measures should the Industrial Accelerator Act include to accelerate industrial decarbonisation? Will public sector measures be enough? What role should the private sector’s demand play?

   

• Enabling investment in energy-intensive industries: How can the IAA reduce risk and improve bankability for decarbonisation projects, particularly in sectors such as cement and steel, so they can reach FID?

   

• Closing the implementation gaps: What is missing from today’s policy toolbox, and what practical solutions would most effectively support low-carbon products and projects?