"We need to invest in the right projects at the right time to ensure competitiveness and reach the climate targets", said Joaquim Nunes de Almeida, Director at the Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs of the European Commission at the Climate Dialogues webinar "Industry cooperation: Being stronger together" on 21 May. This was the second interactive seminar organised by BusinessEurope as part of its campaign "Climate dialogues: HOW to reach climate neutrality?". The event showed how the new industrial strategy and the EU's increased climate ambition can work in tandem. Panellists discussed best practice examples of cooperation models and how their potential can be unleashed across industry. As an example, Holger Lösch, Deputy Director General at the Federation of German Industries (BDI) showcased the hydrogen cooperation between Germany and Australia. Gertjan Lankhorst from the Dutch Association for Energy, Environment and Water stressed the importance of working together in regional industry clusters to define and implement climate targets.