EU Plans Quicker Investments in Big Projects From Hydrogen to 5G
- Updated EU industrial strategy to be unveiled on Wednesday
- Europe to accelerate cross-border projects under recovery plan
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Europe is seeking a faster roll-out of innovative projects across several countries that will help the region’s fight against climate change and accelerate the digital transformation.
The European Union’s regulatory arm is considering tools to boost cross-border initiatives in areas such as hydrogen, sustainable transport, 5G corridors and blockchain, according to a draft industrial strategy seen by Bloomberg News. Plans to join forces under the EU economic recovery package have already been signaled by a number of member states, the European Commission said in the document, due to be published on Wednesday.