objective Announced by Emmanuel Macron at the end of 2021, this plan aims to finance up to 54 billion euros over five years for the country’s major ecological and economic transitions
Elisabeth Borne wants to “accelerate” the implementation of the “France 2030” investment plan. — Gabrielle CEZARD/SIPA
Prime Minister Elisabeth Borne says she wants to “accelerate” the implementation of the “France 2030” investment plan, so that 20 billion out of the 54 planned will be committed by the end of 2023. “It is more important than ever to accelerate the implementation” of the “France 2030” plan, noted Thursday the Prime Minister in an interview with Echos.
Announced; by Emmanuel Macron at the end of 2021, this plan aims to finance 54 billion euros over five years for the country’s major ecological and economic transitions.
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“Rigorous assessment processes”
“At the end of September, 8.5 billion euros had been engaged. We are aiming for 10 billion euros. the end of the year and 20 billion euros at in late 2023”, developed Elisabeth Borne. The head of government specifies that she will ensure “ the efficiency of the money involved; by remaining selective, and by implementing rigorous evaluation processes.” Elisabeth Borne is due to report on “France 2030” by bringing the committee together dedicated to Matignon.
In particular, the government intends to “increase the risk premium to stimulate innovation,” 500 per year “created by researchers from our research organizations or our universities”, explains Ms. Borne. 300 million euros will also go “to support new training in sectors of the future”.
Emmanuel Macron will visit Washington at the end of November
The massive investment plan of the United States (Inflation Reduction Act, IRA), which could distort competition, is “a matter of serious concern” that France intends “to bring to the European level”, she believes. And President Emmanuel Macron will raise this issue during his state visit to Paris. Washington at the end of November.
“Given the nature of the support and their very massive nature, this plan does not respect the rules of the WTO” according to the Prime Minister. It could “cause (France) 10 billion euros of investment in France and 10,000 potential job creations”.
“The” ;Europe cannot be the only place where there is no ”Buy European Act” (aimed at entrusting markets to European companies, editor’s note), we would like a political and industrial debate to take place. European and international scale,” she says.