1. Background: the European Green Deal
On 11 December 2019, the European Commission (the
Commission ) presented the European
Green Deal (the
Green Deal ), with the
aim that European Union becomes the first climate – neutral
bloc in the world by 2050. To this purpose, European Union will be
transformed into a modern, resource-efficient and competitive
economy where there will be no net emissions of greenhouse gases by
2050 and the economic growth will be decoupled from resource
use.
Reaching this target requires consistent actions to be taken by
all sectors of the European Union economy, including:
investing in environmentally friendly technologies;
supporting industry to innovate;
decarbonizing the energy sector;