The European Green Deal

Images and information from:

https://commission.europa.eu

The set of strategic initiatives aimed at guiding the EU in addressing climate change has been named the European Green Deal, launched by the European Commission in December 2019.
Its goal is to reduce the EU's industrial and energy impact on the environment to zero, with the aim of achieving climate neutrality by 2050. Specifically, for 2030, the targets are to reduce greenhouse gas emissions by 55%, increase renewable energy by 32%, and improve energy efficiency by 32.5%.

Green Deal Initiatives

Industry

Finance eco-sustainable projects
Strengthen recycling industry
Annual investment: ?260B until 2030

Energy

Eliminate dependence on coal
Promote renewable energy
Accelerate clean energy infrastructure

Other Key Points

Biodiversity protection
Reduce urban pollution
Promote sustainable agriculture
Eco-friendly transportation

Fair Transition Mechanism

Support coal-dependent regions
Just Transition Fund (JTF): ?17.5B
Total budget: ?55B (2021-2027)

Energy Transition

11.7% (Forecast 2030)
19% (Updated 2030 Target)

Between 2024 and 2030, the EU must save 1.49% of energy annually, rising to 1.9% by 2030.
With the "Fit for 55" package, the EU aims to increase renewable energy share by 2030.
The REPowerEU plan, introduced in 2022, seeks to:

End dependence on fossil fuels.
Promote renewable energy.
Accelerate approvals for renewable energy projects.

Why Promote Renewable Energy?

Renewable energy emits less carbon dioxide than fossil fuels and is generated from abundant, free natural resources. There are various types of renewable energy:

Wind energy
Solar energy
Hydroelectric energy
Tidal energy
Geothermal energy
Heat pumps
Biofuels
Renewable waste energy

Increasing the share of renewable energy is crucial for:

Reducing greenhouse gas emissions from the energy sector (75% of all EU emissions).
Providing an alternative to fossil fuel imports.

Since 2005, the gradual replacement of fossil fuels with renewable energy across the EU has led to:

7% decrease in sulfur dioxide (SO?) emissions (2017 data).
1% decrease in nitrogen oxide (NO?) emissions.

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