Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Applied Technology Review
Government Initiatives to Promote Sustainable Technology in Europe
European governments are promoting the green revolution through initiatives like the European Green Deal and Horizon Europe.
By
Applied Technology Review | Monday, November 13, 2023
Stay ahead of the industry with exclusive feature stories on
the top companies, expert insights and the latest news delivered straight to your
inbox. Subscribe today.
European governments are promoting the green revolution through initiatives like the European Green Deal and Horizon Europe, aiming to make the EU climate-neutral by 2050.
FREMONT, CA: In the face of pressing environmental challenges, European governments are taking bold steps to promote sustainable technology. Recognising the urgency of transitioning to a greener future, these initiatives aim to harness innovation, reduce carbon footprints, and build a resilient and sustainable economy.
The European Green Deal
At the forefront of sustainable technology initiatives is the European Green Deal, a comprehensive and ambitious plan launched by the European Commission. This initiative outlines a roadmap for making the European Union (EU) climate-neutral by 2050. Central to the Green Deal is the commitment to invest in clean and circular economies, fostering innovation in sustainable technologies across various sectors.
Horizon Europe
The Horizon Europe program is a key driver of sustainable technology development. With a budget of over €95.5 billion, this research and innovation program focuses on addressing global challenges, including climate change. It supports projects that drive technological advancements in clean energy, sustainable transportation, and resource efficiency, promoting a more sustainable way of living.
EIT Climate-KIC
The European Institute of Innovation and Technology (EIT) Climate-KIC is an initiative that brings together businesses, academia, and public organizations to accelerate the transition to a low-carbon economy. Through innovation, education, and entrepreneurship, EIT Climate-KIC fosters the development and deployment of sustainable technologies, supporting Europe's journey towards environmental sustainability.
NextGenerationEU
The NextGenerationEU recovery plan allocates a significant portion of its €750 billion budget to green initiatives. Member states are encouraged to invest in sustainable technology projects that contribute to the EU's climate and energy goals. By promoting the adoption of green technologies, NextGenerationEU aims to drive economic recovery while advancing environmental sustainability.
National Initiatives
Beyond EU-wide programs, individual European countries have implemented their initiatives to promote sustainable technology. For example, Germany's "Energiewende" focuses on transitioning to renewable energy sources, while Sweden's "Fossil-Free Sweden" initiative aims to make the country carbon-neutral by 2045. These national efforts complement and reinforce the broader European commitment to sustainability.
Regulatory Frameworks
Governments play a crucial role in creating an enabling environment for sustainable technology adoption. Through regulatory frameworks, European countries incentivise businesses and individuals to embrace green solutions. Policies such as tax incentives, emission standards, and renewable energy targets provide the necessary push for the development and adoption of sustainable technologies.
Europe is at the forefront of the global push towards a sustainable future, and government initiatives are pivotal in driving this transformation. By investing in research and innovation, fostering collaboration, and implementing supportive policies, European governments are laying the foundation for a green revolution. The ongoing commitment to sustainable technology ensures that Europe continues to lead the way in building a resilient and environmentally conscious future.