The Commission and the High Representative have today presented an international strategy for securing Europe’s place in global markets. The new EU global climate and energy vision presents the EU’s offer to the world: using diplomacy to protect our core interests, promoting standards for a fair transition by assisting our partners to develop theirs, and addressing the new security threats and challenges that endanger both European interests and those of our partners.

The EU is actively contributing to the ongoing clean industrial revolution across the world. The vision adds an external dimension to the Clean Industrial Deal and sets a new strategy to strengthen existing partnerships and forging new, mutually beneficial ones. To fully reap the benefits of the clean transition, the EU must be the industrial powerhouse supplying and providing clean tech and adaptation solutions to countries around the world, and create new business opportunities for its own clean tech industry.

As a market still dependent on fossil energy imports, renewables will remain at the heart of the EU’s clean transition. Almost half of EU electricity was generated by renewables in 2024. This significantly increases the EU’s energy independence and security. The EU has also seen an increase of 111% in the share of clean energy investments since 2015. The vision proposes to ramp up the EU’s clean technology manufacturing capacity to reach 15% of the global tech market, while improving its industrial competitiveness, in line with the Clean Industrial Deal.

The EU will continue fostering bilateral partnerships and multilateral alliances – existing and new ones – at international fora and at different levels, ranging from Free Trade Agreements, to Just Energy Transition Partnerships to Green Alliances.  In addition, carbon pricing is crucial for achieving global climate goals, reducing emissions, promoting innovation, and ensuring a just and orderly transition away from fossil fuels. Major economies have recently adopted and expanded carbon pricing policies, which shows that it works. The EU is committed to its promotion through various initiatives, including supporting other countries in developing robust carbon pricing policies through a dedicated taskforce.