The European Competitiveness Fund (ECF) can be an incredibly powerful instrument for investing in the EU’s future. It can strongly support industrial decarbonisation while reconciling climate objectives with EU competitiveness and resilience. For the ECF to deliver as intended,  Bellona recommends: 

• A doubling of funds to match the scale of the climate investment gap 

• A sharper focus on effective climate measures through robust conditionality 

• A more inclusive and transparent governance framework 

Read more in our Position Paper