The European Commission has released its Competitiveness Compass, setting the direction for sustainable prosperity in the EU by balancing economic growth with decarbonisation. The Communication highlights the need to align climate action and competitiveness effectively. Focus is placed on industrial decarbonisation, with initiatives aimed at supporting the transition. The upcoming Clean Industrial Deal will provide a roadmap for decarbonisation and competitiveness, including measures like the Decarbonisation Accelerator Act and sectoral action plans for key industries. Coordination of policies and financing initiatives, such as the Competitiveness Coordination Tool and EU budget allocations, are key to achieving these goals. The Commission aims to incentivize private investment in clean technologies like geothermal and fusion energy. Looking ahead to 2025, political unity will be crucial for implementing the initiatives laid out in the Competitiveness Compass. Alessia Virone emphasizes the importance of balancing competitiveness with emissions reduction in future policies. The Vision for the EU Net-Zero Transition and Clean Industrial Deal briefing provides further recommendations for championing clean technologies. Overall, the Competitiveness Compass sets a positive tone for the EU's efforts to drive economic growth while transitioning towards a sustainable, decarbonised future.