How will the Finance Act 2024 accelerate companies' energy transition?

French industry is responsible for 20% of energy consumption and 20% of greenhouse gas emissions, including 64% emitted by the most energy-intensive industries: chemicals, aluminum and steel, cement, sugar, glass production and paper/cardboard.

With this in mind, the France 2030 program devotes 50% of its budget - i.e. 5.6 billion euros - to the eco-efficiency of industrial sites. This commitment is an integral part of the major strategies for accelerating innovation. Indeed, the "Decarbonizing Industry" strategy aims to :

  • support the development of innovative technologies for low-carbon industry (hydrogen, carbon capture, green logistics, eco-design, etc.);
  • finance the deployment of mature solutions for decarbonizing industrial sites (waste recycling, renewable energies, etc.).
How will the Finance Act 2024 accelerate companies' energy transition?

Meeting commitments to ecological, energy and economic transition, as well as addressing societal, climatic and environmental changes, are common challenges for manufacturers.

Against this backdrop, the French government, through the new Finance Act 2024 (LoF 2024), is introducing new environmental policies and tax measures to accelerate the ecological transition of businesses.

Discover :

  • Understand the new tax credit for green industry: the C3IV, which finances investments in the production of battery cells and modules, wind power, solar panels and heat pumps.
  • Explore other mechanisms for financing investment in energy efficiency improvements: Energy Savings Certificates (CEE) and their 2024 bonus, and dedicated public aid (ADEME).

Our experts will review tax schemes and financial incentives to encourage companies to opt for greener practices.

Fill in the form below to access the webinar replay.

Our experts


Alex Prouveur, Tax and Legal Consultant at G.A.C Group

Alex holds a master's degree in tax law from the Catholic University of Lille and a specialized master's degree in business management from Skema Business School, specializing first in local taxation and then in innovation taxation. At G.A.C Group, he brings his expertise to innovative companies through constant monitoring of legislation and case law, and assists them when they are faced with audits by the tax authorities.


Sabrina Demory, G.A.C. Group Project Manager, Local and Energy Taxation

After her studies in business administration and her degree in international trade, followed by 4 years spent in England in the field of international VAT, Sabrina then specialized in local and energy taxation. She has held the position of Project Manager at G.A.C. since 2019, dealing with all taxes relating to the ownership and operation of real estate.


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