The Net Zero Industry Act (NZIA), formally adopted on 28th May 2024, redirects EU funding and eases permitting delays. Integral to NZIA’s efforts are Net-Zero Strategic Projects. These initiatives strive to bolster the resilience and autonomy of the EU’s net-zero industry. To facilitate the execution of these projects, they are given priority status at the national level. They are also provided with streamlined procedures and assistance for financial access.
To remove potential hurdles in the path towards climate neutrality, the NZIA simplifies the permitting processes. Member States are expected to establish ‘one-stop shops’ for permit granting with clear, binding time limits.