In the past months I gave an overview of the European Commission’s 6+1 priorities, explaining objectives, listing the actions and some key progress. In this next phase of my blog, I will look at them again one by one. I will move one level down and check the scope of the actions and their status.
Let’s start with the European Green Deal.
The European Green Deal consists of 8 thematic areas.
Make Europe climate neutral by 2050, reduce greenhouse gas emissions by -55% by 2030
Decarbonising the EU’s energy system is critical to reach 2030 climate objectives
Aiming for a sustainable food system
Harness the significant potential in global markets for low-emission technologies, sustainable products and services
A new EU forest strategy for 2030 is in the spotlight
Achieve a 90% reduction in transport-related greenhouse gas emissions by 2050
30% of the EU’s multiannual budget (2021-2028) and the EU’s unique NextGenerationEU (NGEU) instrument to recover from the COVID-19 pandemic, has been allocated for green investments
In addition, there is for 2021-2027 a European Regional Development Fund (ERDF) of 313 billion € and a Cohesion Fund (CF) of 37 billion€. Countries must devote 30% of their ERDF share to Green Deal priorities, and 37% of the CF shall also contribute to achieving carbon neutrality by 2050
Over 35% of Horizon Europe spending, the EU's research and innovation programme (2021-2027), is allocated to address climate change