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  • March 25, 2024
  • 3E

DEEP DIVE: EU Industry Leaders Seek Relief from the Pressures of the Green Deal

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During a private European Industry Summit held at BASF’s Antwerp, Belgium site on 20 February 2024, 73 corporate leaders representing 18 industry sectors and 7.8 million workers unveiled “The Antwerp Declaration for a European Industrial Deal.” According to them, the climate goals of the EU Green Deal and the regulations and requirements associated with it are placing an additional burden on many of Europe’s already stressed industries.

The declaration, which has a total of 108 signatories including industry and trade associations, was presented to Belgian Prime Minister Alexander De Croo and European Commission President Ursula von der Leyen. It underscores the commitment of industry to Europe and its transformation while offering a list of 10 urgent industry needs “to make Europe competitive, resilient, and sustainable in the face of dire economic conditions,” according to a press release from the European Chemical Industry Council (CEFIC).


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