European Green Deal

After decades of destructive natural resources use, extensive economy and massive pollution, the Earth is facing an unprecedented climate emergency. Temperature increase, climate change, water, soil and air pollution, destruction of natural environment and biodiversity are only some of the tragic consequences of abusive human actions. In order to stop the progressing climate change and destruction of our planet, the European Union elaborated a new strategy called the “European Green Deal”.

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What is the European Green Deal?

The European Green Deal is an action plan of the European Commission, which consists of numerous policy initiatives. The aim of the Deal is to introduce over the next thirty years various relevant environmentally friendly changes so that Europe becomes climate neutral by 2050. In order to achieve the goal and ensure a fair transformation, the EU prepared financial tools which will support the equal transition in all European regions.

Actions of the European Green Deal

The changes will require actions in various sectors of the economy as well as investments in different areas. The actions will focus on environmentally friendly technologies, decarbonisation of the energy sector, sustainable private and public transport, increase of the energy efficiency of buildings and support of innovation in industry. Moreover, the European Union will collaborate with international partners in order to enhance the global standards in the area of environment¹.

To ensure the fair transition towards the environmentally friendly economy in Europe, the EU prepared a special tool called the Just Transition Mechanism. The mechanism will provide technical and financial support to the regions most affected by the changes, with an amount of 100 billion euro for the period between 2021 and 2027¹.

More information about the European Green Deal can be found on: