Transitioning the EU Chemical Sector

EBF BRIEF

Decarbonization investments require a coherent, predictable, and long-term-oriented industrial and environmental policies, simplified processes and stable incentive systems to support innovation and stimulate demand for sustainable products and services. To help financial institutions and other stakeholders to understand how key European industry sectors are developing within the region's sustainable transformation, the EBF are the UNRP FI are collaborating on series of industrial policy briefs.

The first brief on chemical industry outlines seven potential policy levers to help strengthen the investment case for the EU chemical sector and help it attract finance for its sustainable transition. It includes key policies affecting the sector and suggest policy levers that can support the chemical industry's sustainable transition and strengthen its investment case.

The brief builds on joint work by UNEP FI and EBF, as well as feedback from banks and industry leaders and includes recommendation around the key topics:

1) Enhancing the enabling environment for the chemical sector to transition

2) Ensuring a coherent and horizontal policy approach to the chemical sector transition and financing

3) De-risking mechanisms to improve the investment viability and bankability of the EU chemical sector's transition

Read an article highlighting the seven policy levers and other key takeaways: click this link
Register for a related upcoming webinar: Financing the Clean Industrial Deal (16 Dec.): https://lnkd.in/e2UdMmYi