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Published on: 22. August 2023

(Green Deal) Transition schemes to encourage businesses to meet greenhouse gas emissions by 55%. The “Green Deal is an important policy initiative introduced by the European Union (EU) as part of its efforts to address climate change, promote sustainability, and transition to a low-carbon economy.

The European Green Deal is a comprehensive policy framework announced by the European Commission in December 2019. Its overarching goal is to make Europe the world’s first climate-neutral continent by 2050. The Green Deal outlines a wide range of initiatives and actions across various sectors to achieve this objective.

Some key aspects of the Green Deal include Climate Neutrality:

The Green Deal aims to achieve net-zero greenhouse gas emissions by 2050. This means balancing the amount of greenhouse gases emitted with the amount removed from the atmosphere, effectively eliminating the net contribution to global warming.

Clean Energy Transition: The Green Deal focuses on increasing the use of renewable energy sources, improving energy efficiency, and supporting the transition to a sustainable and resilient energy system.

Circular Economy: The initiative promotes the shift towards a circular economy where resources are used efficiently, waste is minimized, and products are designed for reuse and recycling.

Biodiversity and Ecosystem Protection: The Green Deal seeks to halt biodiversity loss, restore degraded ecosystems, and ensure sustainable management of natural resources.

Sustainable Mobility: The initiative aims to promote sustainable and clean transportation options, including electric vehicles, public transit, and cycling.

Farm to Fork Strategy: The Green Deal includes efforts to ensure a sustainable and healthy food system by promoting sustainable agriculture, reducing food waste, and improving nutrition.

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