Competitiveness Coordination Tool (CCT)

Action type

FrameworkAn initiative is one tracked policy action. The action type names the instrument the Commission is using to deliver it. See full glossary →

Date

29 Jan 2025
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Summary

The Competitiveness Coordination Tool joins the EU, Member States and industry to deploy major investment projects and pursue reforms supporting strategic value chains. Current projects range from AI Gigafactories and clean-transport corridors to batteries, energy connections, chemicals, med-biotech, bio-based materials, offsite construction, circularity hubs and advanced chips. Examples include €20 billion being mobilised for AI Gigafactories and €10 million of initial EU funding for the European Med-Biotech Accelerator. The Tool is testing a new way to coordinate investment across Member States.

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Other initiatives or strategies citing this one (4)

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