In-person only event
In March this year, the European Commission adopted an amended Temporary Crisis and Transition Framework. The Framework aims to foster support measures in sectors which are key for the transition to a net-zero economy, and reflects an on-going debate on how best to respond to the US Inflation Reduction Act. It amends and prolongs the Temporary Crisis Framework, adopted in 2022 to enable Member States to support the economy in the context of Russia’s war against Ukraine. The new framework also extends the possibility for Member States to support measures needed for the transition towards a net-zero economy. These measures include accelerating the rollout of renewable energy and energy storage, as well as schemes for the decarbonisation of industrial production processes. Possibly the biggest change is the introduction of new guidelines, applicable until the end of 2025, enabling investment support for the manufacturing of strategic equipment.
