French Government Allocates €1.55 Billion for Industrial Decarbonization

Despite budget constraints, the new amendment aims to boost competitiveness and meet climate goals by 2030.

The initiative is part of the 2025 budget, emphasizing public and private investments to reduce carbon emissions.
The funding targets 81 major industrial projects, focusing on high-emission sectors like automotive and chemical industries.
Key investments include the development of battery factories, hydrogen electrolyzers, CO2 capture networks, and wind farms.
The amendment, supported by cross-party politicians, seeks to maintain public aid for industrial decarbonization.
The proposal follows President Macron's 2022 pledge to double public aid for decarbonization to €10 billion.