Europe’s new era of funding and incentives

      Europe’s funding landscape is being reshaped by geopolitical pressure, strategic competition and shifting European Union (EU) budget cycles. Public money is no longer just supporting discrete projects; it is becoming central to how businesses finance decarbonization, circularity, energy transition, digital infrastructure and strategic capacity. Credits, grants and incentives are now a core lever for competitiveness, resilience and ESG delivery, but the landscape is fragmented, fast-moving and can often be difficult to navigate.

      The report, Competing in Europe’s green-industrial transition, explores tax incentives and grants in Europe and seeks to give organizations a clear, decision‑ready view of this evolving environment. It maps the most relevant EU and national programs for industry, highlights where funding opportunities are most material for different types of investment and shows how to turn sustainability commitments into measurable financial outcomes. The report is designed to help leaders build a structured funding strategy, identify the right projects and partners early, and position investments so they can remain competitive, resilient and aligned with Europe’s emerging priorities.

      Key highlights

      A structured view of EU funding

      Clarifies how key EU programs, national schemes and strategic platforms fit together, and which are most relevant for industrial, digital and green investments.

      Where the real opportunities lie

      Identifies high‑impact credits, grants and incentives across areas such as decarbonization, energy transition, circularity, digital infrastructure and strategic manufacturing.

      From reactive to strategic funding

      Sets out practical steps to build funding pipelines, align projects with territorial priorities, choose collaboration models and engage managing authorities more effectively.

      Turning ESG into financial value

      Shows how to link sustainability goals with funding strategies, strengthen impact measurement, and de‑risk delivery and compliance so that incentives translate into lasting business value.



      Competing in Europe’s green-industrial transition

      Navigating the EU funding landscape in today’s complex new reality

      Related insights

      An international regulatory overview

      An International Survey - Taxation of Renewable Energy

      A new chapter in climate governance

      How KPMG can help

      KPMG can help companies embed ESG into tax and legal strategies, strengthening compliance and governance to drive sustainable growth for tomorrow’s global business.

      Our global network of local tax professionals provide tailored strategies to navigate complex incentive landscapes, identifying and securing incentives to support innovation and sustainable growth initiatives.

      Get in touch

      Ruth Guerra

      Head of Global ESG Tax & Legal

      KPMG International

      Richard Marcos

      Principal and Tax Credits Practice Leader, KPMG US, KPMG US

      United States