What do the Green Pact and the Climate Pact consist of?
Have you already heard of the European Green Deal? Indeed, it is a set of policies that consist of the transformation of several sectors of society. Its main ambition is to neutralize the European Union by 2050.
Furthermore, having the title of the first continent to have achieved climate neutrality is the strategy of the European Union. The Green Deal was launched for Europe and commits States to reducing net greenhouse gas emissions. Its objective is to reduce them to 55% in 2030 compared to their level in the 1990s.
What is the Green Deal?
The Green Deal is a European project, which brings together all the measures aimed at putting the European Union on the path to ecological transition. Its ultimate objective is to achieve climate neutrality by 2050. Indeed, it promotes the transformation of the European Union into a fair and prosperous society with a modern and competitive economy.
What are the objectives set by the Green Deal?
As a Climate Pact, the main objective of the Green Deal is for Europe to achieve climate neutrality by 2050. In other words, this pact aims to ensure that all greenhouse gas emissions is considerably reduced, captured, or absorbed by forests, oceans, or soils.
The beating heart of the Green Deal, the European climate law was elected in June 2021. This law set in stone European legislation the objective of climate neutrality, the intermediate target of a reduction in gas emissions greenhouse effect of the EU by at least 55% by 2030. The European Union is also committed to consolidating its carbon sinks.
What are the actions of the European Green Deal?
The European Green Deal presents a roadmap bringing together actions aimed at promoting the efficient use of resources through a clean and circular economy thus restoring biodiversity and reducing pollution.
Furthermore, the Green Deal sets out the necessary investments and available financing instruments and develops how to ensure a just and inclusive transition. In 2050, the EU will be climate-neutral. To achieve this major objective, European climate legislation will be presented to transform this political commitment into a legal obligation and encourage new investments.
To do this, all sectors of our economy will need to take action:
- Invest in environmentally friendly technologies;
- Encourage innovation in the industry;
- Establish cleaner means of private and public transport;
- De-carbonize the energy sector;
- Optimize the energy efficiency of buildings;
- Collaborate with international partners to advance global environmental standards.
The European Union will also provide financial support and technical assistance to support citizens, businesses and regions most impacted by the transition to a green economy.
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