Thierry Monasse | picture alliance | Getty Images
The EU has released details of its “European Green Deal,” describing it as a “roadmap” to make the bloc’s economy sustainable.
One of the plan’s key aims is for the EU to be climate neutral by the year 2050. The European Commission, the EU’s executive arm, said Wednesday it would propose a European Climate Law to “enshrine the 2050 climate neutrality objective in legislation.”
Other goals include revising the EU’s greenhouse gas emission reductions target for the year 2030, boosting it to “at least 50% and towards 55%” compared to levels in 1990.
The Commission said the deal covered all economic sectors, including transport, agriculture, energy and buildings. Industries such as cement, steel, information and communication technology, chemicals and textiles are also covered.
In addition, a “Just Transition Mechanism” is set to be established in order to support “those regions that rely heavily on very carbon intensive activities.”