The European Green Deal is a comprehensive plan introduced by the European Commission in December 2019, with the aim of making the European Union (EU) climate-neutral by 2050. Here are some of the key elements of the European Green Deal:
- Climate neutrality: The European Green Deal seeks to achieve climate neutrality by 2050, meaning that the EU’s greenhouse gas emissions will be reduced to net-zero, balancing any remaining emissions with carbon removal.
- Energy transition: The deal aims to transition to a clean, secure and affordable energy system, with increased use of renewable energy sources, energy efficiency and energy storage.
- Sustainable transport: The European Green Deal seeks to promote sustainable and smart mobility, including the deployment of low-emission vehicles and infrastructure, and the reduction of transport-related emissions.
- Circular economy: The deal aims to create a circular economy, in which resources are used in a more sustainable way, waste is minimized, and products are designed for re-use and recycling.
- Biodiversity: The European Green Deal seeks to protect and restore biodiversity and natural ecosystems, with the aim of reversing the decline of plant and animal species.
- Farm to fork strategy: The deal includes a farm-to-fork strategy to make the EU’s food system more sustainable and resilient, with the aim of reducing the environmental impact of food production and consumption.
- Green finance: The deal aims to mobilize sustainable investments, including through the creation of a sustainable finance taxonomy and the promotion of green bonds.
- Just transition: The European Green Deal aims to ensure a just and inclusive transition, which takes into account the social and economic impacts of the transition to a more sustainable economy.
- Global leadership: The European Green Deal seeks to promote the EU’s global leadership in the fight against climate change and the transition to a sustainable economy.