The European Green Deal

Climate change and environmental degredation are considered to be an existential threat for Europe and the rest of the world, according to the European Union (EU). Therefore, a new growth strategy – called the European Green Deal – is introduced. The purpose of the European Green Deal is to transform the EU into a modern, resource-efficient and competitive economy where:

  • There are no net emissions of greenhouse gasses by 2050;
  • Economic growth is decoupled from resource use.

The Roadmap

The European Green Deal is a roadmap to create a sustainable economy. All policy levels involved in the climate and environmental changes will be addressed. The roadmap is considered to be an opportunity to make the transition just and inclusive for all.

The Action Plan

The European Green Deal provides an action plan to:

  • Boost the efficient use of resources by moving to a clean, circular economy;
  • Restore biodiversity and cut pollution.

The action plan (here) outlines investments needed and financing tools available. The EU aims to be climate neutral in 2050.

In order to reach this target, all sectors of our economy require action, including:

  • Investing in environmentally-friendly technologies;
  • Supporting industry to innovate;
  • Rolling out cleaner, cheaper and healthier forms of private and public transport;
  • Decarbonising the energy sector;
  • Ensuring buildings are more energy efficient;
  • Working with international partners to improve environmental standards.

The EU will provide financial support and technical assistance to help those most affected by the move towards green economy. Over the period of 2021-2027, at least 100 billion euros will be mobilised.

Would you like to know more?

Further information about the Green Deal grant openings will follow. Would you like to know if the Green Deal offers you any opportunities? Please contact us by sending a mail to info@evolvalor.com

 

Reference

The European Green Deal

 

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