European Green Deal: A Gateway to Sustainable Economy

By Mattias Jönsson

6 July, 2021

European Green Deal

The European Green Deal is important for many different reasons and the effect of it is needed now.

Climate changes around the globe are increasing after every passing second. Our planet is heating up faster than at any other point in history, wiping out human habitat and putting nature and biodiversity itself at risk. A lack of political will, combined with cobbled together national policies, fragmented international commitments, and negotiations that fail to produce action, has resulted in a grave situation that we must deal with head-on.

It threatens to displace tens of millions of people, destabilize governments, damage critical infrastructure, and imperil life on Earth. We will only be able to manage the risks of climate change through concerted action at the local, national and global level, including through more ambitious international cooperation on climate change. Thus, we are here with good news, European Green Deal. This aim is brought by the European Union that can make substantial changes for the citizens.

What is The European Green Deal?

This deal complies with 24 pages, which makes a slim document having the enormous scope and complete detail of the aims, objectives, and effects to change the EU into a prosperous society. It’s a climate neural continent that will lead the EU and its citizen to a competitive economy.

There’s no doubt that we always needed a strategy to tackle the drastic changes in the environment as the world has been facing challenges in the form of pollution in lands, forests, and oceans. Moreover, the world is a victim of a warm atmosphere and peak temperatures. Therefore, the European green deal is here as a growth strategy to overcome the large-scale environmental hazards and become climate-neutral in 2050. Furthermore, the European Union also proposed a climate law in March 2020 to transform these political commitments and practices into a legal obligation.

The European green deal (EGD) was promoted by the European Commission on 11 December 2019. The discussions were done to stimulate healthy environmental changes and bring prosperity, pollution-free surroundings, and inclusive growth to the economy.

What are the Main Components of the European Green Deal?

The European Green Deal provides an action plan to increase the efficient use of all resources by switching to a clean, circular economy and to assist the biodiversity and damaged ecosystems and omit the pollutants from the environment. Moreover, this mission as a growth strategy embraces various policy areas. In simple words, the European Green Deal is looking forward to making a clean planet for every single soul.

Along with the history of initiative and connotation, all leaders and managers must pay heed to the main elements of the European Green Deal. Here are some main components of growth strategy, i.e., European Green Deal.  

1. Climate Changes

Due to the greenhouse gas emission, the environment and biodiversity face plenty of unhealthy effects as the greenhouse gases cause climatic changes by trapping heat. Moreover, it also leads to respiratory issues from air pollution. Apart from these, emissions cause wildfires and food supply disruption, and considering these hazardous effects, the commission promoted the European Green Deal, which reduced the gas emissions by 23% from 1990 to 2019. European Green Deal looks forward to reducing it by 55% till 2030 as per climate law.

This world needs to be free from any dangerous effects that can risk lives. To obtain the best results through this European Green Deal, the European climate law needs all EU policies to invest and contribute in all possible ways.

2. Clean and More Affordable Energy

As the world’s population is rapidly increasing, we will need more energy in the future to survive. The EU societies emphasized this matter and found solutions through the European Green Deal. Clean energy policy was introduced to bring clean and affordable energy by developing a power sector based on renewable sources and digitalized EU energy market. Moreover, the deal would require almost £800 as an investment to bring clean energy. Further, by 2050 the EU would surely increase its wind capacity from 12GW to 300GW if they get required investment and assistance from other EU policies.

3. Sustainable and Developed Industry

Along with clean energy and overcoming the bad climatic changes, the EU growth strategy is looking up to sustain the industrial area. The country’s economy also depends on industries and agriculture systems, so they must be well-developed and have a good stock of resources and tools. Therefore, the European Green Deal also contributes to strengthen the decarbonization efforts, supply of raw materials, and sustain the goods and products. It has an aim to modernize and revolutionize the industries through EU industrial strategy and develop markets for climate neutral. Moreover, the green deal encourages and promotes the digital transition in the EU.

4. Making The Environment Pollution-Free

Sadly our world has completely become the victim of pollution. Whether it’s water, air, or environmental, pollution has affected the ecosystems badly, resulting in physical and mental problems. In order to prevent premature deaths and decrease death rates, the EU Commission came up with its growth strategy that will completely eradicate pollution by 2050.

Moreover, it also initiated a chemical strategy, zero pollution action plan, and revision of measures. These three headline actions will protect the environment from harmful chemicals and substances, monitor the soil, water, and air pollutants, and make sure the industrial installations are consistently related to the European green deal, respectively.

5. Protecting and Restoring the Damaged Ecosystems.

As rapidly as the population is increasing, the death rates are also increasing. The wild species have fallen their number by 60% due to human activities. The European Green Deal is fighting against these horrendous changes such as overexploitation, pollution, alien species, and drastic climatic changes through the EU biodiversity strategy. Hopefully EU deal will conquer its mission to preserve biodiversity in upcoming years.  The European green deal (EGD) will also work on the farm to fork strategy by restoring the soils, forests, resources, and wetlands. Furthermore, it will work to create large green spaces in the city to bring a healthy environment.

Targets and Goals to Be Achieved Through European Green Deal

This project has ultimate goals to turn the climatic changes into opportunities as it’s an urgent challenge due to serious global warming, greenhouse emissions, heavy pollutants, and other hazardous effects. It has ambitions to elevate the different sectors by constructing industries and buildings. Furthermore, it has targets to provide more energy, transportation facilities, and employment. Simply, the European green deal is a full package that will bring positive effects and make a planet completely healthy in all aspects.

Since the EU union wants to be the first climatic neutral bloc by 2050, it’s achieving its targets by aligning objectives with strategies. It aims to promote peace and bring prosperity for citizens and make the planet safe and secure while controlling the external borders.

The European green deal has an intention to ensure that agriculture, fisheries and aquaculture, and the food value chain come up in accordance with the objectives for a climate-neutral EU Union in 2050. 

Moreover, the Eurgreen deal is a kind of road map that’s leading the EU economy to higher levels. It aims to make the transition just and inclusive for all. Moreover, the project has the objective to provide assistance to industries to innovate and work with international partners to enhance and improve global environmental standards.

Conclusion

The EU green deal is looking forward to conquering a competitive economy for EU citizens. They are working with different strategies that must bring positive outcomes by 2050. The world will become a better place if they get successful in accomplishing their missions. Moreover, the EU Commission emphasizes the requirements and needs that can preserve biodiversity because if the world lacks lives, it will face increased flooding, lack of trees, erosion of soil, and other economic issues. Plus, these negative effects are completely associated with environmental changes.

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