April 28, 2023by Sebastian Dürr

European Green Deal / EU Green Deal

European Green Deal / EU Green Deal

The European Green Deal is a comprehensive strategy and policy framework launched by the European Commission in 2019 to achieve sustainable and inclusive economic growth for the European Union (EU) while addressing climate change and environmental challenges. It sets a roadmap for transitioning Europe into a climate-neutral, resource-efficient, and circular economy by 2050, in line with the Paris Agreement and the United Nations’ Sustainable Development Goals.

The European Green Deal encompasses a wide range of policy initiatives and actions that aim to transform various sectors, including energy, transport, agriculture, industry, buildings, and finance. It includes measures to reduce greenhouse gas emissions, increase energy efficiency, promote renewable energy, protect biodiversity, improve air and water quality, promote sustainable agriculture and food systems, foster circular economy principles, and support a just transition for all citizens and regions.

The European Green Deal also emphasises the social dimension of sustainability, focusing on creating green jobs, promoting social fairness, and addressing inequalities. It seeks to mobilise public and private investments to finance the transition to a green and sustainable economy and ensure a fair and inclusive transition that leaves no one behind. The European Green Deal represents an essential policy framework for the EU to address the urgent and complex challenges of climate change, environmental degradation, and sustainability and to become a global leader in green innovation, competitiveness, and sustainability.