Czech Heavy Industry Decarbonisation: Policy and Financing Roadmap

EUKI project Sustainable Finance for Industry Decarbonisation supports stakeholders in the Czech Republic, Hungary, Poland, and Slovakia in advancing industrial decarbonisation. By fostering collaboration among policymakers, industry leaders, and financial institutions, the project helps navigate the transition to a sustainable industrial future.

The Czech Heavy Industry Decarbonisation Policy and Financing Roadmap focuses on the steel, cement, and chemical sectors, which are essential to the national economy but face challenges in reducing emissions. Historically dependent on fossil fuels, these industries must adopt low-carbon technologies to remain competitive, particularly with rising carbon costs and the phase-out of free emissions allowances by 2034. Substantial investments will be required to meet decarbonisation goals, with a 10% increase in funding needed by 2030, and even more beyond. A coordinated approach involving policymakers, industry stakeholders, and financing institutions is crucial to overcoming the economic and regulatory challenges that hinder the transition. Clear strategies, enhanced collaboration, and targeted financial support will be key to ensuring Czechia’s heavy industries can decarbonise effectively while maintaining their competitiveness.