Background
The European Green Deal represents a comprehensive array of policy measures designed to steer the European Union (EU) towards a sustainable transition, with the overarching goal of achieving climate neutrality by 2050.
The package encompasses initiatives spanning climate, environment, energy, transportation, industry, agriculture, and sustainable finance, all of which are deeply interconnected. At its core, the Deal aims to foster the EU’s evolution into a fair and prosperous society, characterized by a modern and competitive economy. The Green Deal emphasizes the need for an integrated and interdisciplinary approach, where various policy realms work synergistically to advance overarching climate goals.
The European Climate Law (ECL) solidifies the EU’s commitment to climate neutrality, with binding legislation aimed at reducing net greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels.[1]
