This week s edition of Real Economy focuses on going green, and more specifically, on Europe’s Green Deal and what that could mean for our jobs and the economy.
The EU has pledged to go carbon-neutral by 2050. But with the pandemic and its economic fallout, how do you tackle unemployment and climate change at the same time?
This is where the EU s ambitious Green Deal initiative really comes into play. Its goal is to make Europe the first climate-neutral continent by 2050. It also aims to transform Europe’s economy into a sustainable one, across the board from production to consumption. One of its key missions is to boost the efficient use of resources, minimise waste and cut greenhouse gas net emissions to zero.
As the second wave of the pandemic continues, jobs and businesses across Europe are being hit hard. However many have been cushioned from the worst of the economic fallout by government job retention schemes to keep people in work.
Although unemployment is set to rise to 9.4% in 2021 in the eurozone area, an increase of 1.9% from the 2019 pre-pandemic level of 7.5% , it has stayed relatively low when compared to the drop in economic activity.
We ll take a look at some of the short-time work and furlough solutions in use across the continent that are being supported by a European Commission scheme known as SURE (Support to mitigate Unemployment Risks in an Emergency).
EU-Hilfe SURE: 100 Milliarden Euro zum Schutz von Jobs und Unternehmen euronews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euronews.com Daily Mail and Mail on Sunday newspapers.