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REGULATION: EUROPE


Briefing on the European Green Deal


Russell Patten, UEIL Secretary General Background


Ursula von der Leyen, President of the European Commission (EC), gained Parliamentary support in July 2019 by promising to put climate action at the heart of the next European Commission and present a European Green Deal (EGD) within her first 100 days in office. Given the one-month delay in taking office, the Commission published its Communication on the European Green Deal after only 10 days.


Content


As underlined by the President of the EC, the EGD is the “New growth strategy that aims to transform the


Figure 1: The European Union Green Deal


EU into a fair and prosperous society, with a modern, resource-efficient and competitive economy where there will be no net emissions of greenhouse gases by 2050 and where economic growth is decoupled from resource use.” The Communication presents an initial roadmap of the key policies and measures needed to achieve the European Green Deal, which is to be updated as needs evolve and the policy responses are formulated.


Together with the EC Communication, an annex document provides an indicative timeline of expected policies, initiatives and strategies. The figure below illustrates the various elements of the EGD:


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LUBE MAGAZINE NO.156 APRIL 2020


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