Industrial Policy & Trade Monitor· 2666 actions· ✨ 89 recent

The European Commission cleared, under EU State aid rules, a rescue loan of up to EUR 390 million from the Italian government to Acciaierie d'Italia (AdI, formerly ILVA), operator of Italy's largest integrated steelworks at Taranto. AdI has been under insolvency administration since February 2024 and faces near-term liquidity shortfalls to cover operating costs — supplier payments and wages — while a tender process to sell the business to a new operator continues. The loan is capped at the projected liquidity shortfall, priced at a market interest rate, and limited to a maximum six-month duration, consistent with EU rescue-aid conditions.

The Huadu District Government Office in Guangzhou (Guangdong Province) issued "Measures for Promoting High-Quality Development of New Energy and Intelligent Connected Vehicle Industries" (花府办规〔2025〕11号), effective upon issuance on 31 December 2025 for a two-year term. The package covers R&D-platform grants (up to RMB 100m per enterprise), model-promotion subsidies (up to RMB 50m per model), an L4+ autonomous-vehicle fleet-scale bonus (up to RMB 20m per enterprise), core-component investment rebates (1% of qualifying investment ≥RMB 50m, capped at RMB 300m), battery-production scale bonuses (up to RMB 60m for 5GWh+ output), at least RMB 200m for a "vehicle-road-cloud" integrated pilot zone (200+ autonomous vehicles, ~2,000 OBU retrofits), per-enterprise autonomous-fleet-operation subsidies (up to RMB 200m for qualifying passenger/cargo fleets), preferential industrial-land pricing (minimum 70% of benchmark rate), and facility-cost subsidies (up to RMB 150m/year for 3-5 years). It is a sub-provincial, district-level instrument implementing national NEV industrial-policy and the 2025-2026 Automobile Industry Stabilization and Growth Work Plan at the local level.

On 26 December 2025, Japan's Cabinet approved the FY2026 (Reiwa 8) national budget, which the Global Trade Alert database logs as including a "Multi-modal Foundation Model Development Project with a Focus on AI Robots and Physical AI" financial-grant line administered by METI, effective with the fiscal year on 1 April 2026. NEDO -- METI's implementing R&D agency -- operationalised this line through a commissioned-project (100%-funded) solicitation opened 24 March 2026 and closed 22 April 2026, capping funding at up to JPY 383.4 billion (~USD 2.5bn) per adopted proposal for FY2026, with the programme running FY2026 through FY2030 (initial contract period FY2026-FY2027, annual stage-gate reviews thereafter). The goal is a domestically developed multimodal ("VLM/VLA") foundation model that keeps Japanese factory-floor and robotics data onshore while underpinning "physical AI" -- AI systems embedded in robots and industrial equipment -- to address labour shortages and lift manufacturing productivity. NEDO's call for proposals subsequently selected Noetra Inc. and the National Institute of Advanced Industrial Science and Technology (AIST/産総研) as awardees.

On 26 December 2025, Japan's Cabinet approved a FY2025 (Reiwa 7) supplementary budget line -- the "Renewable Energy Expansion: Grid- Connected Storage Battery and Other Power Storage System Introduction Support Project" -- budgeted at JPY 8.0 billion (rising to JPY 61.6 billion including multi-year budgetary commitment authority, kokko-saimu futan koi). Global Trade Alert logs this as one of 23 METI programmes under the FY2026 budget cycle supporting Japan's "green transformation" of the industrial sector, effective with the start of fiscal year 2026 on 1 April 2026. The programme subsidises private- sector installation of grid-connected batteries, batteries co-located with renewable generation, demand-side batteries, and long-duration energy storage (LDES) systems, aiming to secure decarbonised balancing capacity as renewable penetration rises and to build resilience against energy-price volatility. METI's Agency for Natural Resources and Energy opened the call for the executing body (shikko dantai) that will run the subsidy's application, screening and disbursement process on 24 December 2025, with submissions due 22 January 2026.

On 26 December 2025, Japan's Cabinet approved the FY2026 (Reiwa 8) national budget, which creates a new JPY 3.0 billion (~USD 20m) financial-grant line, the "Business Commercialisation Promotion Project for Combinate Regeneration under the GX Strategic Regional System" (GX戦略地域制度におけるコンビナート 等再生に向けた事業化促進事業), administered by METI. The single-year (FY2026 only) grant funds feasibility work -- project-cost and profitability evaluation, investment-decision support for new operators, and off-taker matching -- for redeveloping idle or underused industrial-complex ("combinate") sites into new GX-aligned industrial clusters. It is one of four categories under METI's GX Strategic Regional System, alongside data-centre aggregation, decarbonized-power utilisation, and decarbonized- power regional-contribution types (the last already filed separately in this register). The programme takes effect with Japan's fiscal year on 1 April 2026.

Japan's Cabinet approved the FY2026 (Reiwa 8) national budget on 26 December 2025, under which METI's Agency for Natural Resources and Energy (ANRE) renewed the "Housing and Buildings Integrated Demand-Supply Energy Conservation Investment Promotion Project" (住宅・建築物需給一体型等省エネ ルギー投資促進事業費) for the fiscal year running 1 April 2026 to 31 March 2027. The programme is a financial-grant subsidy, open to all firms, that funds net-zero-energy building (ZEB) and net-zero-energy house (ZEH) demonstration and retrofit investment as part of Japan's broader green transformation (GX) industrial-policy stack. ANRE opened its solicitation for the executing body that will administer FY2026 disbursements via a public offer published 2 February 2026.

On 26 December 2025, Japan's Cabinet approved the FY2026 (Reiwa 8) national budget, which the Global Trade Alert database logs as including a "Leading Technology Development and Demonstration Project for Hydrogen Society Promotion" financial-grant line administered by METI, effective with the fiscal year on 1 April 2026. NEDO -- METI's implementing R&D agency -- operationalises this budget line through competitive solicitations for hydrogen-supply-chain technology development and demonstration; the FY2026 tranche includes the "Advanced Technology Development and Demonstration Project for Hydrogen Society Model Construction" (水素社会モデル構築高度化技術開発・ 実証事業, project code P26004), soliciting proposals from 19 March to 22 April 2026 for regional hydrogen-supply-chain business models (survey phase up to 2 years; technology development/demonstration phase up to 5 years). The predecessor NEDO hydrogen-technology- development project line (FY2014-2025) was budgeted at roughly JPY 8.1 billion in its final year (FY2025); the FY2026-specific grant total was not disclosed in the sources reviewed.

Japan's Cabinet approved the FY2026 (Reiwa 8) national budget on 26 December 2025, funding METI/ANRE's "Hydropower Energy Introduction Promotion Project" (水力発電導入促進支援事業費補助金) -- one of the programmes Global Trade Alert logs under the FY2026 METI budget cycle, which it puts at a JPY 2.8 billion allocation. ANRE opened a public offer on 26 January 2026 (closed 16 February 2026) for the executing body that would administer indirect subsidies to private-sector and municipal operators for FY2026-27; the New Energy Foundation (一般財団 法人新エネルギー財団) was selected on 20 February 2026. The programme supports two tracks: subsidised replacement/upgrade of ageing existing hydropower facilities to raise output and efficiency, and feasibility studies to expand new entrants into small and mid-scale hydropower.

On 26 December 2025, Japan's Cabinet approved the FY2026 (Reiwa 8) initial budget, which allocates a new JPY 415 billion (~USD 2.7bn) line to the "Low-Carbon Hydrogen Hub Development Support Project" (低炭素水素 等拠点整備支援事業), administered by METI's Agency for Natural Resources and Energy (ANRE) through JOGMEC under the Hydrogen Society Promotion Act framework enacted in 2024. The programme subsidises Front-End Engineering Design (FEED) and construction costs for shared transport and storage infrastructure -- tanks, pipelines and receiving-terminal equipment -- built jointly by multiple businesses to move low-carbon hydrogen and its derivatives (ammonia, e-methane, synthetic fuels) from import/production points to industrial users. It sits alongside, but is administratively distinct from, JOGMEC's separately-run "price-gap" (kakakusa) 15-year CfD offtake support for hydrogen suppliers. The budget takes effect with Japan's fiscal year on 1 April 2026, subject to ordinary Diet passage in early 2026.

On 26 December 2025, Japan's Cabinet approved the FY2026 (Reiwa 8) national budget, which Global Trade Alert logs as including a "Next-Generation Aircraft Development Support" financial-grant programme administered by METI, effective with the fiscal year on 1 April 2026 and running through 31 March 2027. The line item corresponds to METI's "Next-Generation Aircraft Development Support Project" (jiki kokuki kaihatsu-to shien jigyo), funded through the Decarbonisation Growth-type Economic Structure Transition Promotion Subsidy (GX Transition Bond proceeds) and disbursed via a designated implementing body to aerospace-supply-chain firms. The FY2026 allocation is JPY 150 billion, up from JPY 81 billion in FY2025 -- an 85% increase -- aimed at strengthening Japan's aircraft-parts and materials supply chain (composites, advanced materials, engine and airframe components) and its international-competitiveness and economic-security positioning in next-generation aircraft programmes.

On 26 December 2025, Japan's Cabinet approved the FY2026 (Reiwa 8) national budget, which allocates JPY 122.0 billion (~USD 800m) to the "Next-Generation Innovative Reactor Technology Development and Industrial Base Strengthening Support Project" (次世代革新炉の技術開発・産業基盤強化支援事業), up from JPY 88.9 billion in the FY2025 initial budget plus a JPY 6.0 billion FY2025 supplementary allocation. The programme, administered by ANRE under METI's GX (Green Transformation) Promotion budget, funds technology development and supply-chain build-out for Japan's "innovative light-water reactors" (revised BWR/PWR designs with enhanced passive safety) and small modular reactors under the government's GX2040 Vision. The budget takes effect with Japan's fiscal year on 1 April 2026, subject to ordinary Diet passage in early 2026.

On 26 December 2025, Japan's Cabinet approved the FY2026 (Reiwa 8) national budget, which the Global Trade Alert database logs as including a "Capital Investment in Oil and Natural Gas Field Exploration and Asset Acquisition Projects" financial-grant/equity line administered by METI, effective with the fiscal year on 1 April 2026. This continues the government's long-standing equity-investment scheme -- run through JOGMEC (the Japan Organization for Metals and Energy Security) -- that co-funds Japanese companies' upstream oil and gas exploration, development, and M&A/asset-acquisition activity abroad. The FY2026 initial-budget allocation for this specific line is JPY 42.7 billion, down from JPY 56.3 billion in FY2025, though a JPY 19.7 billion supplementary appropriation lifts total FY2026 availability to roughly JPY 62.4 billion -- a modest net increase over FY2025 once the supplementary tranche is included.

On 26 December 2025, Japan's Cabinet approved the FY2026 (Reiwa 8) national budget, which the Global Trade Alert database logs as including a "Project to Promote the Strengthening of Autonomous Resource Circulation Systems" financial-grant line administered by METI, effective with the fiscal year on 1 April 2026. The line is the continuation of METI's "Decarbonisation Growth-Type Economic Structure Transition Promotion Subsidy (Autonomous Resource Circulation System Strengthening Promotion Project)" (脱炭素成長型経済 構造移行推進対策費補助金（自律型資源循環システム強靱化促進事業）), which funds private-sector investment in recycled-material manufacturing and recovery equipment for rare metals/rare earths, automotive and small-electronics lithium-ion batteries, plastics, and textiles. Japanese budget-press reporting puts the FY2026 allocation at JPY 7.3 billion (73億円), up from JPY 3.0 billion (30億円) in FY2025 -- roughly a 2.4x year-on-year increase. METI opened the call for the executing body (執行団体) on 18 February 2026, with the General Incorporated Association for Low-Carbon Investment Promotion (GIO) again acting as the designated administrator, as it did for the FY2025 round.

On 25 December 2025 the Government of the Russian Federation, via an order (Order No. 3964-r) signed by Prime Minister Mikhail Mishustin, allocated more than RUB 1.8 billion (approx. USD 22.9 million) from the government's reserve fund to recapitalise the Industry Development Fund (Fond razvitiya promyshlennosti, FRP). The FRP provides concessional loans (3-5% annual rates, up to 7-year terms) to Russian industrial enterprises for projects creating or modernising import-substituting production. The order is one of several in-year top-ups to the FRP in 2025, which had already received close to RUB 21 billion in additional capitalisation over the year.

On 23 December 2025 the Government of the Russian Federation, via Order No. 3959-r signed by Prime Minister Mikhail Mishustin, allocated more than RUB 1.3 billion (approx. USD 17 million) from the government's reserve fund to co-finance completion of four crab-catching vessels under construction at shipyards in the Far Eastern Federal District. The subsidy is split into four equal tranches of RUB 340 million to fishing companies (including LLC "TRK", LLC "Voskhod", LLC "Antey Sever" and LLC "Sever") holding investment-quota allocations for crab fishing, under a programme that ties quota rights to a domestic shipbuilding commitment. The order is part of a broader 2024-2026 investment-quota vessel programme covering 13 crab-catching vessels and roughly RUB 6.4 billion in cumulative state support.

On 11 December 2025 the Government of the Russian Federation issued Order No. 3701-r, allocating more than RUB 966 million (approx. USD 12.1 million) from the government's reserve fund to the Industry Development Fund (Fond razvitiya promyshlennosti, FRP). The FRP extends concessional loans (3-5% annual rates, up to 7-year terms) to Russian industrial enterprises developing technologies and production intended to replace foreign analogues. The order is one of several in-year top-ups to the FRP in 2025, which had already been recapitalised by close to RUB 20 billion earlier in the year.

On 3 December 2025 Russia's federal Industry Development Fund (FRP) disclosed a concessional loan of RUB 2.4 billion (approx. USD 30.2 million) to Liteyny Zavod "Petrozavodskmash" (LZ PZM), a foundry subsidiary of rail-equipment group Transmashholding (TMX), to fund purchase of casting and machining equipment. The financing supports a project titled "Localisation of foundry blanks for various diesel engines," shifting the plant from simple castings toward complex cylinder-head and engine-suspension components (new capacity: 13,800 cylinder heads and 7,000 engine suspensions per year) for diesel engines used by Kolomna Plant and Penza Diesel. The loan was disclosed the same day Karelia's regional head, Artur Parfenchikov, opened a new 1,700 sq m machining section at the foundry, with TMX framing the project as advancing Russia's "technological sovereignty" in engine manufacturing (import substitution for diesel engine components).

Brazil's national development bank BNDES approved BRL 200 million (~USD 37.5 million) in financing for Scala Data Centers S.A. — Latin America's largest sustainable hyperscale data-center platform, backed by DigitalBridge — to acquire and install machinery, equipment, IT/automation systems and materials for its data-center infrastructure. The loan is drawn under the BNDES Máquinas e Serviços credit line, which prioritises nationally manufactured goods and national services, permitting imported equipment only where no domestic equivalent is available. BNDES president Aloizio Mercadante framed the financing as part of the Lula government's Nova Indústria Brasil industrial-policy programme, aimed at the digital transformation of Brazilian industry. This is the second such operation for Scala: a prior BRL 180 million tranche in the same format was already fully disbursed.

The European Commission approved, under EU State aid rules (Article 107(3)(c) TFEU and the 2022 Chips Act framework), a Czech direct grant of approximately €450 million to Onsemi to support a €1.64 billion investment establishing the EU's first 8-inch, fully vertically-integrated silicon-carbide (SiC) power-semiconductor manufacturing facility in Rožnov pod Radhoštěm. The plant will span SiC crystal growth, 8-inch wafer processing, and power-device fabrication, with commercial output targeted for 2027. The decision is the largest Chips-Act-era state-aid approval for an Eastern European Member State and a cornerstone implementing instrument of the Czech Semiconductor Cluster industrial-policy programme launched in 2024.

On 10 November 2025 the Fund for Export Development in Africa (FEDA), the development-equity investment arm of the African Export-Import Bank (Afreximbank), announced a USD 75 million equity investment in Spiro, Africa's largest electric two-wheeler and battery-swapping operator. Spiro runs assembly plants and swap-station networks across Benin, Togo, Kenya, Uganda, Nigeria and Rwanda, and the funding is earmarked to scale local manufacturing, expand battery-swapping infrastructure and push the fleet past 100,000 vehicles by end-2025. Afreximbank frames the deal as part of its automotive industrial-policy strategy to build integrated African manufacturing ecosystems and reduce the continent's reliance on imported (including secondhand) vehicles; Global Trade Alert separately logs the intervention as trade-distorting toward China, consistent with import substitution away from Chinese-made two-wheelers and secondhand imports.

The General Office of the Fujian Provincial People's Government issued Min Zheng Ban [2025] No. 30, "Several Measures to Promote the Development of the Artificial Intelligence Industry and Empowerment Applications in Fujian Province," on 2025-11-04. The notice implements the national "AI+" initiative at provincial level via three quantified subsidy tracks: a talent-recruitment supplement of RMB 200,000/year per person for AI engineers registered on a provincial core-engineer roster; a compute subsidy covering up to 50% of annual cloud/compute-service spend (capped at RMB 500,000 per firm) for companies purchasing at least RMB 100,000 of computing services per year; and a one-time capital subsidy of up to 50% of build cost (capped at RMB 5,000,000) for qualifying AI innovation platforms. The measure is in force through 2028-12-31 (per GTA state-act revocation date) and is one of a wave of province- and city-level AI industrial-policy notices issued across China in late 2025.

On 29 October 2025, Brazil's national development bank BNDES, through its capital-markets subsidiary BNDESPAR, launched a public call ("Chamada Pública para Seleção de Fundos de Investimento em Índice de Mercado") to invest up to BRL 1 billion (~USD 187 million) across up to five exchange- traded index funds (ETFs). Each selected fund can receive up to BRL 200 million, capped at 50% of the fund's total assets, split across three equity ETFs, one fixed-income ETF and one hybrid-strategy ETF. Proposals were due 5 December 2025; five funds were subsequently selected, three of them explicitly thematic — infrastructure, clean energy, and a "strategic sectors" index — turning a capital-markets liquidity instrument into a channel for directing state development-bank capital toward BNDES's industrial-policy priorities.

Russia's federal Industry Development Fund (FRP) disclosed a RUB 950 million (approx. USD 12 million) concessional loan under its "Development Projects" programme to biopharmaceutical company Nanolek LLC, financing purchase of high-tech equipment for Russia's first domestic human papillomavirus (HPV) vaccine production line. The facility, part of a RUB 7.5 billion total investment in the Orichevsky District of Kirov Region, opened 25-29 October 2025 and produces the "Tsegardeks" vaccine at an initial capacity of over 600,000 doses per year, rising to 3-3.5 million doses annually by 2027 with a planned second production line.

Singapore's Energy Market Authority announced on 27 October 2025 that it will award up to S$44 million under the Advanced Combined Cycle Gas Turbine (CCGT) Incentive Scheme to Keppel's Infrastructure Division and Sembcorp Industries, operators of the first two advanced CCGTs in Singapore. The grant offsets the initial cost disadvantage of adopting higher-efficiency, hydrogen-ready CCGT units — each unit is expected to emit at least 200,000 tonnes less carbon annually than existing plants — with the units to be operational by December 2026 and 2027 respectively. This is a domestic industrial-policy subsidy with no cross-border trade restriction; filed for IPTM's tracking of state financing for power-sector decarbonisation capex.

Russia's federal Industry Development Fund (FRP) disclosed a RUB 930 million (approx. USD 11.4 million) concessional loan to ООО "ПК "Промтрактор" (Promtraktor Production Company LLC, part of Kontsern Traktornye Zavody) in Cheboksary, Chuvash Republic, funding purchase of 98 units of high-tech casting and machining equipment as part of a RUB 1.2 billion total modernisation. The loan financed serial production of two new heavy-bulldozer models, CHETRA T30 (30-tonne class) and CHETRA T45 (45-tonne class, billed as Russia's most powerful serial-production bulldozer), which entered series production 23 October 2025. Resulting capacity for bulldozer, pipe-layer and front-end-loader components rose 25% to 13,700 units per year, with management targeting a rise in CHETRA's domestic heavy-bulldozer market share from ~30% to 70%, partially displacing Western imports (e.g. Caterpillar, Komatsu) that exited the Russian market after 2022.

On 18 September 2025 Brazil's federal government published Medida Provisória (Provisional Measure) 1318/2025, creating REDATA — the Special Taxation Regime for Datacenter Services — alongside a parallel IT-export regime (REPES). REDATA zeroes federal taxes on servers, storage, networking, cooling and other datacenter capital equipment for qualifying operators from 1 January 2026, conditioned on 100% renewable/zero-carbon energy sourcing, a 2% of investment R&D-in-Brazil commitment, and preferential use of Brazilian- manufactured components. The Finance Ministry projects R$5.2 billion in forgone-tax incentives in 2026 alone, with potential to unlock up to R$2 trillion in private datacenter investment over ten years. REDATA is framed as implementing the National Datacenter Policy (PNDC) under the Nova Indústria Brasil industrial-policy umbrella.

On 18 September 2025 the Bundestag adopted the Gesetz zur Errichtung eines Sondervermögens "Infrastruktur und Klimaneutralität" (SVIKG), authorising up to EUR 500 bn of additional federal borrowing over a twelve-year horizon outside the constitutional debt brake, on the basis of the new Article 143h Grundgesetz inserted by the March 2025 constitutional amendment. The envelope splits into up to EUR 100 bn for Länder and municipal infrastructure (channelled via the companion Länder- und Kommunal-Infrastrukturfinanzierungsgesetz, LuKIFG, passed 9 October 2025), EUR 100 bn transferred to the Klima- und Trans- formationsfonds (KTF) in annual instalments through 2034, and up to EUR 300 bn for additional federal investments in transport, energy/ heat, hospital, education, digitalisation, civil protection and R&D infrastructure. Investments are eligible retroactively from 1 January 2025 and may be approved through 31 December 2036; loan repayment begins no later than 1 January 2044. SVIKG is the largest single industrial-finance instrument launched by an EU member state in the post-2022 industrial-policy cycle.

On 15 September 2025, Brazil's national development bank BNDES and research-financing agency Finep announced the results of a public call (Chamada Pública) to attract, implant or expand corporate research, technological-development and innovation (PD&I) centres in Brazil. The call, launched in February 2025 with an initial R$3 billion budget, drew 618 proposals worth R$57.4 billion in prospective investment — more than 19x the original allocation. BNDES and Finep selected 88 proposals and expanded the committed budget to R$8.9 billion (of a total R$10 billion in associated project investment), delivered through a mix of credit, equity participation, non-reimbursable cooperative-research grants and economic subsidies. 27 of the selected proposals target the North, Northeast and Center-West regions (R$4bn in investment); a further 27 are exclusively new-centre implantations (R$3.4bn). The selected projects project hiring of 935 qualified researchers (572 master's, 363 doctoral). The call operates under Brazil's Nova Indústria Brasil (NIB) framework and is explicitly aligned to NIB's six industrial-policy missions.

Spain's Ministry of Industry and Tourism awarded InoBat (Slovak battery manufacturer, 25%-owned by China's Gotion High-Tech) a EUR 53.8 million grant plus a EUR 456,000 loan under the third call of PERTE VEC (Programa Estratégico para la Recuperación y Transformación Económica — Vehículo Eléctrico y Conectado), the battery-manufacturing tranche of Spain's EV supply-chain industrial-policy programme. The award, announced by President Pedro Sánchez on 8 September 2025, was to support a planned 32 GWh battery gigafactory in Valladolid (EUR 712m total project investment, 260 direct / ~500 indirect jobs, full capacity targeted for 2029). MINCOTUR later recorded InoBat's withdrawal of the award (~18 November 2025) after the Valladolid project was folded into a larger, Gotion-led initiative.

On 25 August 2025, Brazil's federal government launched a combined BRL 12 billion (~USD 2.2bn) subsidised credit line to fund the diffusion of Industry 4.0 machinery and equipment across the Brazilian industrial base. BNDES (national development bank) contributes BRL 10 billion nationwide through its "Crédito Indústria 4.0" line; Finep (research-financing agency) adds BRL 2 billion via its "Difusão Tecnológica" line, reserved for companies in the North, Northeast and Center-West regions to narrow regional investment gaps. Financing covers capital goods incorporating robotics, artificial intelligence, cloud computing, sensing, machine-to-machine communication and IoT, at concessional rates of roughly 7.5-8% plus spread; credit approvals began 15 September 2025. The line operates under the Nova Indústria Brasil (NIB) national industrial-policy framework.

The Australian Renewable Energy Agency (ARENA) committed AUD 44.9 million to Calix Limited to build a demonstration plant for its Zero Emissions Steel Technology (ZESTY), targeting up to 30,000 tonnes per year of low-carbon hydrogen direct reduced iron (HDRI) and hot briquetted iron (HBI) using renewable electricity and hydrogen instead of coking coal. The funding builds on prior ARENA-funded engineering studies and also supports early-stage engineering for a larger commercial-scale ZESTY plant, positioning low-emissions iron/steel as a strategic priority industry for Australia.

The Australian Renewable Energy Agency (ARENA) committed AUD 19.8 million to the NeoSmelt joint venture to fund a front-end engineering design (FEED) study for a direct reduced iron-electric smelting furnace (DRI-ESF) pilot plant at Kwinana, Western Australia, aimed at proving Pilbara iron ore can be converted into lower-carbon iron without a coking-coal blast furnace. The consortium, founded by BlueScope, BHP and Rio Tinto, welcomed Woodside Energy and Mitsui Iron Ore Development as new equal-equity participants alongside the grant announcement. Total project cost is AUD 48.85 million, with the study running from May 2025 to August 2026 ahead of a targeted final investment decision.

The Italian government approved Decreto-Legge 26 giugno 2025, n. 92 ("Misure urgenti di sostegno ai comparti produttivi"), authorising up to EUR 200 million in financing for ILVA S.p.A. in extraordinary administration — the operator of the former Ilva steelworks at Taranto — to fund production continuity and plant-safety works. The financing can be disbursed directly to ILVA or transferred to Acciaierie d'Italia S.p.A. The same decree extends tax relief for companies operating in designated "complex industrial crisis area" zones for fiscal years 2025 and 2026. The decree was published in the Gazzetta Ufficiale and entered into force on 27 June 2025.

On 28 May 2025, Brazilian President Lula launched "Chamada Nordeste" in Salgueiro (Pernambuco) — a BRL 10 billion (~USD 1.8bn) public call for structuring investment projects in the nine Northeast states, run jointly by BNDES, Banco do Brasil, Caixa Econômica Federal, Banco do Nordeste (BNB) and Finep, with technical support from Sudene and the Northeast Consortium. It is the largest project call ever run for the region and sits under the federal Nova Indústria Brasil (NIB) industrial-policy umbrella. Eligible business plans (minimum BRL 10 million) cover storage/renewable energy, bioeconomy with a pharmaceuticals focus, green hydrogen, green data centers and the automotive/agricultural-machinery sector, financed via a combination of credit lines, non-reimbursable economic subsidies and equity participation; the proposal deadline was 15 September 2025. Demand vastly exceeded supply: the call drew 245 proposals totalling roughly BRL 127.8 billion — nearly 13 times the initial BRL 10bn envelope — before BNDES approved 189 projects worth BRL 113 billion in follow-on selection rounds.

The Government of Maharashtra, Transport Department, notified the Maharashtra Electric Vehicle Policy 2025 on 23 May 2025 (Government Resolution No. 202505231834008229) after Cabinet approval on 28 April 2025, with retroactive effect from 1 April 2025 through 31 March 2030. The five-year policy carries an INR 1,993 crore (~USD 235 mn) headline outlay — comprising approximately INR 1,740 crore in purchase incentives, INR 100 crore in charging-infrastructure viability gap funding, and balance allocations for manufacturing incentives, R&D, skilling, and scrappage support — representing a 114% increase over the INR 930 crore outlay of the prior 2021–2025 policy. Targets include ~30% of all new vehicle registrations in Maharashtra to be electric by 2030, a charging station every 25 km on state and national highways, and a 10% base-price subsidy on electric two- and three-wheelers, private and public buses, and passenger vehicles (with an additional 5% top-up for goods-carrying 3W/4W, agricultural tractors, and combine harvesters). The instrument is sectoral and EV-only — distinct from the umbrella Maharashtra Industry, Investment & Services Policy 2025 (filed separately).

MIMIT signed an "Accordo di Programma" with Gruppo Arvedi covering the industrial reconversion and environmental remediation of the Acciai Speciali Terni (AST) steelworks. The state is supporting the plan through a "Contratto di sviluppo per Tutela Ambientale" administered by Invitalia, with requested state financial support of EUR 96.5 million against a total company investment plan of EUR 557 million to be completed by 2028 (with a further EUR 573 million potential second phase). The agreement includes commitments on air-pollution reduction, landfill remediation, renewable energy procurement via Umbria's hydroelectric concessions, and workforce retention/stabilisation.

On 9 August 2023 the German Federal Cabinet adopted the government draft Wirtschaftsplan 2024 of the Climate and Transformation Fund (Klima- und Transformationsfonds, KTF) and the accompanying 2024–2027 financial plan. The plan envisaged ca. EUR 211.8 bn of programme spending across 2024–2027 (EUR 57.6 bn in 2024 alone), funded by national and European emissions-trading revenues plus federal grants, with major lines for semiconductor production (~EUR 4.0 bn in 2024), hydrogen industry build-out (~EUR 3.8 bn), building renovation (~EUR 18.9 bn), EEG renewables support (~EUR 12.6 bn) and electric mobility. The KTF is the principal German federal vehicle for co-financing the EU Chips Act state-aid envelope, IPCEI Hydrogen, decarbonisation contracts (Klimaschutzverträge) and other net-zero-aligned industrial-policy subsidies.