A Sustainable Investment in Journalism

A sustainable business requires diverse revenue streams. ESG Investor now operates a subscription service as of Tuesday 14th May. To find out more please get in touch with our subscription team on subscriptions@esginvestor.net


EU Council Adopts Net Zero Industry Act

The Council of the European Union has adopted a law aimed at turbocharging investment in clean technology. The Net Zero Industry Act, widely seen as a response to the US Inflation Reduction Act (IRA), offers a raft of incentives to a broad range of clean technologies, such as solar panels, wind turbines, batteries, heat pumps and carbon capture and storage. It supports those through simplified permitting, auctions and public procurement, programmes to boost workforce skills, and by creating a platform to coordinate action across the bloc. Through the act, the EU also aims to compete with the hundreds of billions of dollars of clean technology subsidies provided under US President Joe Biden’s IRA. The European Parliament has already approved the law, meaning no legislative hurdles remain for its implementation. “The Net Zero Industry Act is one of the foundation stones of a new industrial policy,” said Jo Brouns, Minister of Flanders for Economy, Innovation, Work, Social Economy and Agriculture. “This legal act will help Europe to lead the global race for green technologies and make sure that our contribution to the fight against climate change also reduces our dependencies, reinforces our strategic autonomy, and helps us to create growth and jobs in Europe.” In parallel, the council has also given its final green light on rules to track and reduce methane emissions in the energy sector, as part of the ‘Fit for 55’ package.


The practical information hub for asset owners looking to invest successfully and sustainably for the long term. As best practice evolves, we will share the news, insights and data to guide asset owners on their individual journey to ESG integration.

Copyright © 2024 ESG Investor Ltd. Company No. 12893343. ESG Investor Ltd, Fox Court, 14 Grays Inn Road, London, WC1X 8HN

To Top