The European Commission presented the draft Industrial Accelerator Act (IAA) — new “made in EU” rules and low‑carbon requirements...
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Jiří Staník
In practice this means greater protection for European manufacturers, higher entry barriers for Chinese manufacturers. If low‑carbon requirements for materials become a condition of public procurement, companies will need to calculate the carbon footprint of their products. Calculating the carbon footprint will cease to be “nice to have” and will become a competitive necessity for access to public contracts.
ESG
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