One-stop service for the French “Green Industry Act”
The global green industry rules are being restructured. In the face of this legislative change that is reshaping the global green industry landscape,
Chinese export enterprises urgently need strategic-level compliance partners to navigate new rules and seize new opportunities.
We provide enterprises with practical and operational one-stop service support to help our clients move forward steadily in the global green economy wave.
What is the Green Industry Act?
The Green Industry Act (Loi Industrie Verte) is France’s core green transformation policy that officially came into effect in October 2023. This policy focuses on promoting the industrialization of domestic green industries in France, attracting and supporting domestic green industries and investments through subsidy policies, and benchmarking against and responding to the Inflation Reduction Act (IRA) of the United States.
The Green Industry Act (Loi Industrie Verte) is France’s core green transformation policy that officially came into effect in October 2023. This policy focuses on promoting the industrialization of domestic green industries in France, attracting and supporting domestic green industries and investments through subsidy policies, and benchmarking against and responding to the Inflation Reduction Act (IRA) of the United States.
What are the main contents of the bill?
· Green industry incentives: Provide tax credits or preferential policies for investments in industries such as batteries, wind energy, heat pumps, photovoltaics, and green hydrogen.
· Industrial land guarantee: Support the clearance of 50 old factory areas and invest 1 billion euros to provide industrial land for green projects; Simplify and expedite the approval procedures for factory construction.
· Green Public procurement: Revise the Public Procurement Law to give priority to purchasing products that meet environmental protection standards (such as using recycled materials and low-carbon processes).
· Develop green labels: Develop the “Triple E” environmental protection enterprise label and standard, and recognize and reward green pioneer enterprises.
· Electric vehicle subsidy reform: Ecological bonuses (5,000-7,000 euros) are linked to carbon emissions throughout the vehicle’s entire life cycle.
The challenges and pressures faced by Chinese enterprises under the background of the Green Industry Act
The carbon footprint requirement constitutes an invisible barrier
Starting from January 2024, France will directly link the “eco-bonus” for electric vehicles to the production carbon footprint, requiring the use of low-carbon energy in the vehicle manufacturing process and the calculation of emissions throughout the entire life cycle. Electric vehicles made in China are prone to losing their subsidy eligibility due to the high proportion of coal-fired power (about 60%) and carbon emissions from long-distance transportation, which has undermined their competitiveness.
Industrial subsidies weaken the cost advantage
The bill attracts the transfer of battery and photovoltaic industry chains with high tax credits. The localization production orientation weakens the cost advantage of Chinese enterprises.
The green label certification is highly professional
The upcoming “Triple E” corporate environmental label will become a threshold for public procurement in France in the future, setting high requirements for corporate environmental transparency, life cycle data disclosure, energy efficiency and carbon performance, etc. It is difficult for enterprises to independently complete data preparation, document organization and label application.
Multiple green barriers address difficulties.
Export enterprises to Europe may need to deal with multiple green barriers or restrictions such as the Green Industry Act, ESPR, EUBR, and CBAM simultaneously, posing a challenge to their systematic response capabilities among various regulations.
Our professional services
One-stop compliance solution for the Green Industry Act
Policy interpretation and strategic planning
We will assist enterprises in interpreting the requirements of the Green Industry Act and the Triple E label and other systems, assessing the risks of product exports, and customizing a green compliance roadmap.
Carbon footprint accounting and emission reduction support
Carry out carbon footprint accounting, LCA analysis and EPD (Environmental Product Declaration) preparation for export products in compliance with French/EU standards to fulfill the obligation of information disclosure. Help enterprises identify the hotspots of carbon emissions and put forward targeted and practical suggestions for optimizing low-carbon processes.
The green label is integrated with the certification
Assist enterprises in connecting with French compliance institutions, provide full-process services including Triple E label preparation, material organization and application, and enhance the green credibility of the market and the green competitiveness of the brand.
One-stop service for multiple green compliance
Breaking the “single regulatory response” path, we create an integrated green compliance system for enterprises, enabling one-stop compliance with multiple green barriers and ESG disclosure requirements. This avoids fragmented responses and resource waste, making the overseas expansion journey of enterprises more efficient and smoother!
Our advantages
Data advantage
Intelligently match carbon accounting methodologies, automatically adapt to the optimal declaration plan, and reduce the compliance costs of enterprises.
Technical advantage
Self-developed carbon accounting AI engine, automated accounting process, and dynamically optimized enterprise carbon emission accounting model.
Ecological advantage
Covering 26 types of regulations such as CBAM/CSRD/ battery passports, it is compatible with the entire industrial chain scenarios of multiple industries.
Security guarantee
Blockchain + industrial Internet of Things data channel, achieving full lifecycle protection of data.
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