Europe’s Green Deal

With its “Green Deal”, the European Union European Union In 1957, Germany was one of the six founding members of today’s EU, along with France, Italy, Belgium, the Netherlands and Luxembourg. The EU is currently made up of 27 states; the euro is the official currency in 20 of them. For Germany, European integration forms the basis for peace, security and… Read more › has set itself a far-reaching goal: Europe is to become the first climate-neutral continent by 2050. The aim is to ensure that no more greenhouse gases are emitted than ecosystems are able to absorb naturally. The plan for 2030 is to achieve a reduction of at least 55 percent in net greenhouse gas emissions Greenhouse gas emissions Roughly two thirds of global warming caused by humans (anthropogenic) can be attributed to carbon dioxide emissions. The gas is produced when the fossil fuels gas, oil and coal are burned. They all contain carbon which combines with atmospheric oxygen to form carbon dioxide. In addition to carbon… Read more › compared to 1990. A central role in this will be played by the “Fit for 55” package, which contains concrete measures for reaching this target. The aim is to enable future generations to lead a better and healthier life.

The project presented by EU Commission President Ursula von der Leyen when she took office in December 2019 is not just a master plan for the next few years: it seeks to modernise Europe in a sustainable and social way over the next three decades. It is the Commission’s response to the growing risks confronting EU economies as a result of climate change and species extinction.

Germany supports the “Green Deal” and has even set itself more ambitious targets, such as already achieving climate neutrality by 2045.

Essentially, the Green Deal is a new growth strategy. The basic idea is simple: a large part of Europe’s economic output relies on preserving our natural resources. This relates to water, air and the soil as well as forests, oceans and a stable climate. Pre-emptive action is the best way to secure prosperity in the future, too. The Green Deal therefore prioritises green technologies and a sparing approach to nature. The objective is to sever the link between economic growth and the use of resources, while at the same time creating new jobs. The countless initiatives in the framework of the project also give companies the requisite security in their planning and lay the foundations for a more crisis-resilient EU.

Sustainability as the principle underlying the European Union European Union In 1957, Germany was one of the six founding members of today’s EU, along with France, Italy, Belgium, the Netherlands and Luxembourg. The EU is currently made up of 27 states; the euro is the official currency in 20 of them. For Germany, European integration forms the basis for peace, security and… Read more › is not new. However, the Green Deal goes even further: it supports and accelerates the restructuring that is already in motion and turns it into a comprehensive concept for the future. The plan factors in all areas of the economy and society, from industry, trade, transport and agriculture to biodiversity, our natural heritage, the circular economy and structural change. As key levers in the transformation process, taxation and finances will in future, so the plan, be designed according to green criteria.