EU Sustainable Prosperity and Competitiveness: Priorities for the EU Clean Industrial Deal

Climate, health and competitiveness are intrinsically linked. Presenting the report on the Future of European Competitiveness in September 2024, Mario Draghi emphasised that decarbonisation will be an opportunity for Europe if Europe’s ambitious climate targets are matched by a coherent plan to achieve them. With uncoordinated policies, however, decarbonization could run contrary to competitiveness.

The upcoming Clean Industrial Act is an opportunity to confirm the strategic relevance of the medical technology sector for health, sustainable prosperity and competitiveness. It should fuel Europe’s attractiveness for medical technology innovation by creating the right enabling framework for a competitive medical technology industry – at the political, regulatory, and financial level.

To that end, the Clean Industrial Act should boost regulatory coherence and consistency, simplify administrative processes, develop lead markets of sustainable and resilient products, mobilise public and private funding for the transition, harness partnerships, strengthen the EU Single Market and ensure a global level playing field.

Read our full recommendations below.